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Re: Only 49,73 million bags on 2016/17 .

Phill,

the mathematical exercise was for data from Brazil and in Brazil, inventories in importing countries are higher due to higher exports from other sources, but I say that the growth of inventories in importing countries is less than the growth of the exporting countries of the producing countries, then consumption in importing countries is increasing.

As for low prices, good question, at least you know that prices are low, it is a market gift for those who want to buy coffee.

In this same Forum it has been said that Brazil's potential is to harvest 65 million bags in 2018/19, assuming that this 65 million figure is a mirage, and, as mathematically proven, Brazil's harvest is equal to 2016/17 , that is, the 2018/19 vintage repeats 49.73 million, which we must do, go long or short, that is the question.

So correct me if I messed up the derivative formula, I do not think I was wrong.

How many to the database, you are free to doubt them, not my formula of DERIVATIVE PRODUCTION or REAL PRODUCTION.

Messages In This Thread

Brazil, crop derived from 2016/17 *PIC*
Only 49,73 million bags on 2016/17 .
Re: Only 49,73 million bags on 2016/17 .
Re: Only 49,73 million bags on 2016/17 .
Re: Only 49,73 million bags on 2016/17 .