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Re: Are the Brazilians selling at this level?
Dude think coffee as a vessel. during last years of good price, producers treated nicely, renewed, planted more etc. now they are reducing treatment and everything. however as a vessel when you push the "brakes" it will continue navigating for a good while. But at the same time it will take a lot of power to gain speed again. that we must be prepared because when production start to decline it will take a long time to recover. for the time being enjoy the downtrend while producers are in pain. GT
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