Coffee Traders Forum
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Re: U.S. Green Coffee Inventories
GCA stocks are up a little under 300K bags YoY. I understand latest stock checks in Brazil to close out the 18/19 MY estimate stocks increased in the range of 1-2M bags. I know EU data is sparse/lagged, but does this indicate that the 18/19 surplus is not as large as perceived - or are the stock levels in Brazil much higher than recent surveys suggest ?