Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Below is the source of the data, some may say that Brazilian consumption is an emblematic quantity. Regardless of the quantity of consumption, we can say that domestic consumption has a slight growth, even considering the internal consumption being a constant, that is, the same value from one year to the other, we can notice the great disappearance of stocks.
Well, it's a good discussion, because at no time did I present my numbers, just did a mathematical exercise, follow the source of data below for each one to investigate the veracity of the numbers released.
From a harvest of 49.73 million bags cleared in the 2016/17 harvest in Brazil, we must be well aware of the number for the 2018/19 harvest.
I still believe that Brazil will export a few coffees in 2017/18, because the harvest was much lower than in the previous year, we will enter with ZERO of remaining coffee stocks in JULY 2018.