Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Historically, the errors of CONAB and IBGE are -11.5% and -11.4% in relation to the annual sum of Brazilian consumption and exports. In this same historical analysis, TERRA FORTE presents a deviation of -2.4% and the USDA in + 1.07%. So if we correct for the bias of IBGE, we would have the forecast in 60 million bags. What do you think about this?