Re: CECAFE 01/18/2022
Fair enough Q. Not trying to induce anything. Regarding what happened in 2014, Brazil had big carryover stocks and together with future trades, every rally Brazil was selling 3 crops. Donīt even take Conab for consideration, although I think they are doing great at Arabica and wrong with Robustas. If you use the highest numbers since there you will see that stocks are gone. Maybe not now but this market has conditions to go higher. GT
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