There is no doubt that, specifically for coffee, we will have, for the 2021/2022 harvest, in addition to the low cycle due to the biennial, also losses caused by the lack of rain during the flowering season (Sep / Oct / November).
Currently the expectation is with the development of grains that also require moisture in the soil and consequently rain. We may still have problems at this stage, but the problems in Brazil's coffee areas now seem regular and expected.
The question would be: why did the market, still not esta precifie, explode, as some defend in the Forum ? Could it be the carry over, which in any scenario of a break in the Brasil harvest is still will be reasonably high?
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