Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Ten Times more creditable than the inflated numbers posted by Tango. Estimates in Tango's report were too EARLY to really be
halfway accurate and totally ignoring the weather . Alf will come up with the closest estimate but my two cents says it is also too high
The first one to come with an estimate was Rabobank, and there had Robusta coffee jumping up to 16 million bags.
Before the drought that cut it down to 8 million bags, the Robusta production was at 12 million bags. There Robusta is 4 million bags
too high in my opinion.
That story is also consistent with coffee agronomy as reported in the picture below.