I was thinking about the fact of the well known and sounded RECORD CROP in Brazil, this flood of coffee has been priced since last year, on the other hand lets think about the tree`s high stress after this super harvest, which would be normal if there were not an accumulated moisture deficit added to this, a high probability of dryness that would affect until december.
it is not about trying to predict whether the price is going up or down, is to be aware in order to take a decision according to the best aproximation to reality.
what is certain is that when weather come into play, this market becomes a wild beast dangerous to bulls as to bears.
thanks for your posts.
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