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Re: The market knows about current crop?
you are wrong. mkt went up on dollar weakness and frost fears only. this crop will be lower. question is how lower. multi natitional companies and roasters NEVER see problems because they donīt want market up nor wild volatility. they are always bears like you do. but coffee always play tricks.
to summarize i just said that if 70 mio will not be acchieved by any reason, bears will be burned because shipments from brazil will never recover because we donīt have stocks anymore. since the first reliable numbers for 20/21 crop will only be released by december, enjoy the downtrend because it is in place indeed. GT