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Posted by Tango
on October 12, 2020, 8:34 am, in reply to "elise
Excellent report. Thank you. On line we can find several reports that can substantiate your comments, more or less, from Sept 11. It would be nice to get current assessments from other sources. We will see what production estimates will be released for ‘21’22. Unfortunately, the market is not considering the combination of a low production year and the damage that you speak of. We have seen drought markets and how they behave and this is not typical. But then the coffee regions are not experiencing a drought but rather a combination of a dry spell with inadequate rains and very hot temperatures which caused damage to plants. So we will have to wait for the usual production releases but keeping in mind carryover stocks. Just my thoughts.