Says who?? There is ZERO evidence, and never has been in the past 8 months, that only shipping issues is the root of slowing exports and dwindling stocks!! Massive weather damage has, however, been widely reported, not just by me but from multiple other sources across the world confirming over and over again what I have consistently said in my reports and analysis. It's only the most pro-market biased analysts at Rabobank, Ecom and the likes who are so desperately trying to hold on to the mis-leading narrative of shipping issues creating most of the trouble in stead of recognizing the obvious of what has been a massive and still growing supply deficit and which is why commercials increasingly - as has been widely reported as well - have been buying into stocks, both certs and overall green. TO continue to try to ignore the actual issues continuing supply to erode at the source of all origins with less than a handful of exemptions is not only incredibly arrogant, but you are setting yourself up for a dangerous end-result. Be my guest, but don't say I didn't warn you and others still pursuing this explanation. Certified stocks are at 22-year-lows, and it's the best indication of supply not being available at origin at the volumes trade would like in order to feel comfortable and at the volumes roasters need in order to maintain business running smoothly. Even I couldn't make this up if I wanted to