Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Hi CTF !
I am not able to confirm the information of droughts and frost included in the chart.
I know some of the events from previous studies , if the chart is correct , the conclusion should be
its very rare market soars to over 200cents/pound without any weather issues.
The post from Romel of the Hacket analysis where first target is 225 seems very far out without the situation discribed above.
There is however reasons , when and if the efficency of production is no longer possible to add a 2 - 5 % to annual volume , this may
occur in coming years but for now it seems unlikely as the potential for improvment still is large in many coffee producing countries.
Whould be nice to have some comments from producers on the issue ?