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Re: Colombia cost of prouction
Someone is going to a lot of trouble to increase coffee stocks by delivering Brazilian coffee. definitely not a decision based on economics as Brazilian coffee accepted at a 6 cent discount, in addition half the bags failing costing 2 cents grading to get a bag accepted. None of the coffee in storage is economically deliverable, since it's worth way more than ice. Some commercial is trying to impact spreads, cash premiums, can't be sure but doesn't look like it's working.