Coffee Traders Forum
[ Post a Response | Coffee Traders Forum ]
Re: U.S. Green Coffee Inventories
No one knows, but I think that's why you've seen some estimates of the surplus go from 7 or 8 million bags to 5. Any which way, we have enough coffee in the world at the moment, but it is not grossly oversupplied. It's the combination of the Brazil crop, a poor macro environment, and the BRL here that's driving price.