The storm is expected to stall and dump in excess of 10 inches of rain over the next 2 weeks just as Vietnam should be harvesting ripe cherries.
87% of their Robusta coffee comes from the central highlands which is where the bullseye is from these untimely rains.
With 30 million bag production potential this has the ability to dramatically alter the perceived supply/demand balance for coffee.
Right now Bazil weather looks good for beneficial rains the next 2 weeks so this is all about Vietnam for now.
With an already super tight high-quality end of the coffee market in Brazil with cash differentials at a premium to futures, this could be the tip the breaks the camels back.
d&d percentage dice
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