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Posted by Q
on March 25, 2021, 6:50 am, in reply to "Re: Thoughts?
Yes, brazil has exported a ton of coffee. That's what we were pricing last year. Supply going forward will be poor and that's what the market is trying to price now. If the drought hadn't happened we'd probably be 30-40 cents lower right now. If demand was better we'd probably be 30-40 cents higher.