Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Thank you MAJA.
I am not debating the points you make. It's just that this is something we hear year in, year out since 2014. None of which has caused the market to push dramatically higher. My question is simple. Forgetting the wild card of weather, why would this year be any different than the previous 4-5 years?? I will not get into the biannual guessing game, but coming off a very large crop, its tough to assume that there will be any moisture issues after the Brazilian winter. If 2014-2015 taught us anything, these trees are resilient and it will take a lot to get the markets attention. April may have been less than the normal, but we have not heard any alarm bells and our resident weather expert ALF does not see anything to raise concern at this time. The graphs you tend to post always show the reduced output or export figures that may stand out in comparison to the the non highlighted sets of data. Yet, I repeat, the market does not seem to react. So if these type of figures do not get the market to notice, what will ??
As always ,thanks for offering your perspective.