Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
I also AGREE with ALF. I am monitoring the soil moisture daily and it is very good. I will not be surprised by the production of this crop and I know how to position myself in the market.
Look at the chart above that when producers are SHORT the price of coffee rises or stays at high price in the cycle. So it is not the position of the producers who run the market. It is the LONG positions of non-producers who direct the market and the short position of the producers is symmetrically opposed to the non-producers position LONG. Now the non-producers are SHORT and the weather is good for coffee.
Be very careful about the excessively insistent information in this forum. Look at the past of the authors of this information.
Good luck to everyone.