Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Coffee has not been kind to the bulls for a long time so it is hard to be bullish coffee. 18 million bags of coffee have been exported from
Brazil in the first 7 months. That leaves about 10 million more bags more to be exported for the next 5 months, or about 2 million bags per
month. For February 2.25 million bags were exported, so they are not really holding back like the article implies. I was looking for green coffee stocks
number for February 2018 for United States when I went to that website, but found that exports could also be lagging from other top exporters.
Below is the current daily chart