Now, at a certain point in the interview Carlos says that he thought the Brazil arabica crop could produce up to 48mln bags after seeing the "beautiful" October flowering. I nearly fell out of my chair! Does Rabobank not have a qualified agronomist advising them on the coffee plant lifecycle? How is it possible that he believed there could be nearly a fully recovery of the crop after very clearly visible stress in the plants due to drought initiating much earlier in the year?
I take Rabobank forecasts with an immense grain of salt. It's no surprise to me that they have the largest published estimate for 22/23.
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