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Reuters - Itau BBA reports new crop falling between 14% and 21%
Posted by Ned
on November 6, 2020, 4:11 am
I can't seem to copy the report but my brokers newswires were reporting this late yesterday.
They have said the arabica crop will be between 53.6-58.3m bags in 21/22 vs 67.9 predicated by USDA for the current crop.
As a result they expect shift from 9.8m bag surplus to a deficit between 1.7 and 6.5m bags.
- Reuters - Itau BBA reports new crop falling between 14% and 21% - Ned November 6, 2020, 4:11 am
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