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Re: Real Harvest
In Response To: Re: Real Harvest *NM* *PIC* ()

These numbers look 100% more reliable than Tango's median estimate mainly because a lot of these people estimate the crop
at 54 million bag in September of 2015, and were proved wrong when the robusta estimate dropped from 12 million bags to 8 million
bags because of the drought. The Arabica crop was also lowered because of the drought. It was also an "off year", like the growing crop
this year is an "off" year. There has always been a big range for the estimate of Brazil's crop, so the call option sellers always jack up the
early estimates extremely high.

Messages In This Thread

USDA - Tony Halstead
Re: USDA - Tony Halstead
Re: USDA - Tony Halstead *NM* *PIC*
Re: USDA - Tony Halstead *NM* *PIC*
Re: USDA - Tony Halstead *PIC*
Re: Real Harvest *NM* *PIC*
Re: Real Harvest
Re: Real Harvest
Re: Real Harvest to Juan V
Re: Real Harvest
Re: Real Harvest
Re: Real Harvest /Bee
Re: Real Harvest /Bee *PIC*
Re: Real Harvest /Bee
Re: USDA - Tony Halstead