Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Marco, I feel Deja Vu again from all the dryness analysis that we did a few months back with horrendous pictures of bad trees and charts with low monthly rain. I feel that we have very little credibility sounding alarm bells in May. The sooner market participants “smell the real coffee” and come to terms with oversupplying the market and take actions against that, the sooner prices will evolve higher.
Otherwise being irrationally hopeful on frost or drought to take prices higher will only drive everyone to produce even more and extend the suffering.