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Re: Bloomberg: 2 Topics, Brazil Weather, Honduran Exports
yes, i wouldnt be suprised if we end up at 71 MM bags. Part of the reason why price can't go higher today. On the other hand I'd say from September or October we have 2-3MM bags more Brazilian supply than we thought, 4-5 MM less Vietnamese supplies, and maybe 500k less Honduran. Net world production is still down since then, without accounting for the losses in this year's Brazilian crop.