Thanks for your sharing.
From your post and understands that market diff price now is + 30 but producers resistance , they offers + 40 to sell out at NY around 100? It means producers accept to sell at 140 cent ? .
If so, when NY at 90, producers will accept to sell out at diff + 50.
When NY at 110 producers will accept to sell at diff + 20.
If you are physical traders, hope that you will understand what i means !.
Producers resistance not a factor for market going up.
Supply > demand.farmers/producers is hard to win funds!.
but anyways, I hope the market going up is better for farmers.
The market at this low level, roasters/funds are beneficiaries, farmers/producers/traders are in trouble.
Let us see the market, but at diff price + and + , i don't
hope a lot market will bum bum as you think !
Thank you again!
P
