Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Hot than normal temperatures in Brazil. It is flowering time, and the main coffee area in Brazil needs rain to turn the flowers into
coffee beans. In the last eight days, Parana is the only area getting rain. This area had a lot of freezing temperatures over Brazil's winter (June to August 2017),
so there might be less coffee buds than a normal year in this area. Coffee lost its upward price momentum today.