Coffee Traders Forum
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Cash versus futures
Posted by Rich
on November 29, 2021, 2:46 pm
After today's dime loss the cash price of coffee is now listed on barchart. com as six cents higher than the Dec. future contract. And, as has been mentioned before, the months after December are lower than the Dec. price or in backwardation. Losing ten cents was a tough way to get the cash price higher. I did note that the grains all moved lower today too. Maybe Covid related?