Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
The market has discounted (with a declining and low price) the implied information of a large coffee crop from Brazil as suggested in Tango's post.
The big problem is weather and weather cycle are 100% in disagreement.
The last 10 days have turn hotter and drier for Brazil with the drought that stated in Argentina moving up to Brazil's coffee area.
Next 7 day forecast is for continued hot and dry.