Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
I guess that the big picture here is that bunch of coffee that it's being produced all over the world but everyone must keep in mind that there are lots of plantations pruned, torn down or just abandoned for coffee rust to destroy what is left. In Central America, people are talking about broca and losses are just adding up. Old plantations are not responding properly to pruning. Next coffee harvest will also be reduced.
We will just have to wait and see what low NY prices can do to coffee plantations around the world from now on.