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US Coffee C Futures - Jul 24 (KCN4)

Real-time capital.com
Currency in USD
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223.28
-4.82(-2.11%)
Closed

US Coffee C Futures Discussions

does however seem to finding support
217... 210... 201
Really, after 45 years on tge coffee business i will learn
yes why not
if after 45 yes you haven't made enough money to get out if trading I definitely think so
today 227
ICE stocks again lower and this drop is at good pace. New bags are not coming into queue.
ICE -13.7k bags
62.50 next year
Mr worldwide what have you smoked man?
Antia Freeel? Is that you?:)
I think its deep freeze this time , hahahah
World is full of coffee back below 200 lol
Ha ha ha, you are really funny
USDA forecast Carry Over, +2.054 M bags, +6.29%, 21/22 (32.7 M bags)  to 22/23 ( 34.7 M bags)
Will the USDA also have the minerals to forecast on Ukraine 20–23 grain production . . as it will be an off year?
(Bloomberg) -- World’s 2022-23 production may climb 7.8m bags to 175m due primarily to Brazil’s Arabica crop entering the on-year of the biennial production cycle, USDA’s Foreign Agricultural Service says in report.
Mercury KG Does it not make sense for Brazil, as by June 21/2022, 35% of harvest is complete, while rest might end sometime in Sep/2022?
Of course, but there is still a lot of time between now and then.Are you a betting man, or just saying?This agency is notoriously short and sold out, so you can expect anything to blurt out of their desktop.
Following the 5-year average, Brazil was supposed to have 44% of its coffee harvested. From my point of view we're early, the frost has largely harvested on 21. We're seeing a big break in low-lying areas.
Kenan, digging deeper is a brilliant idea.I wonder why no one thought about it
Funny guy you are
🙏🏻
ICE dw again
Kenan, Your theory is very good, yet not as simple as watering your garden
Dig deeper
The implementation of an irrigation system is very expensive, beyond the reality of more than 60% of Brazilian producers who are family farmers. In addition, in Brazil we have plantations in flat areas to areas with a slope of more than 45° (which makes their implementation very difficult and expensive) and not to mention that here in Brazil we have strict environmental laws, you don't go out digging deep wells around and when are intended for intensive use for irrigation we must have an ourtoga. Here you even pay for water. Imagine spending a good amount of money for (cheaper) drip irrigation and being caught off guard by a frost.
What Rodrigo and Mercury are saying is 100% correct. Had a personal experience with modern dripping irrigation system about 10y ago: costed over $1mil for more or less 100h without installation. Besides the system itself is just a connection to your water source that allows to apply ferts in a most effective manner. But water source itself is a different story: it's a natural source or your reservoir(s) with a pumping station to it. When there are no rains for prolonged period of time your reservoir(s) is usually ... empty as local government usually starts limiting access to your local river or lake. The one can dig right up to the core but has to finance this process :). Small farms can't afford it.
Seems that we are going to have drought again...
I always wonder why you weren't able to have irrigation system and you are producing coffee since ages.
Droughts are not the problem for this time of year, the bigger problem would be too much rain or the low yield that we are in present day.
it is very easy to talk about,
Price structure looks like 240 will get boken then its a trip back to the 260 top....
One thing we should understand here: we are having enough coffee, it just money flowing out of cryptos and equities and has been going into commodities
We do not have enough coffee, it is tge only readon is going up
Why GCA stocks are up?
go up in 2 days 237
Great call
CECAFE gaining the pace!
Maja Wallengren @SpillingTheBean · BREAKING: Certified ICE #coffee stocks below 1M mark AGAIN now at 998.6K and closing in on new 22 1/2-year LOWS with no rescue coming to Brazil disaster $jo 2022 crop, no recovery in sight for 2023 and ALL fundamentals pointing to growing supply deficit. Historic #KC_ will come!!
really? Im a Brasilian producer, fourth generation, the situation is not good as you can see the 3 years old coffee been trabafered from Europe to USA and she is rigth Brasil cant help
 I am not denying the information itself, but rather the way it was given to us.
this is not what is looking line in your coment,
ICE -9k bags
Agricultural News: #Angel NEW YORK/LONDON (Reuters) - Commodity traders are shipping arabica coffee from Intercontinental Exchange (ICE) certified warehouses in Europe to the United States, five sources told Reuters, in an unusual deal that reflects the impact that erratic weather has had. impact on the global coffee supply. Most Arabica coffee, the most widely used variety in the world, is produced in South and Central America and normally goes to Europe or the United States, the largest consumer markets. So, sending green coffee from Europe to the US, one consuming country to another, is something that rarely happens. Pulling coffee from certified stocks on the exchange, rather than sourcing it from private traders' warehouses, will drive ICE stocks even lower in a move that could lift coffee futures beyond the 10-year high reached in February. . “I don't even remember seeing any significant volume of coffee going from Europe to the US,” says an experienced coffee trader in Switzerland. He said a shipment of more than 100,000 bags of green Arabica coffee left ICE warehouses in Antwerp last week bound for ports on the east coast of the United States. Traders said an additional 250,000 bags from ICE's warehouses in Europe will head to the US in the next two months. If this is confirmed, stocks on the exchange, currently at around 1 million bags, could fall to the lowest levels since 2000.#
As if the two continents were so close together. Are you from Minas Gerais? For miners everywhere is right there :)
do you know what "demurrage" is on cargo ships? and how much does it cost per day? 30 thousand dollars a day is better to take the ship to the "right there".
Yup, and on top of port problems, some warehouses are full. This actually makes sense, demurrage feed are real these days and expensive!!
Another frost wave or what?
this is only the beginning
Today is holiday in Brazil and tomorrow despite not being a public holiday in Brazil, some operators do not work.
Low liquidity and lack of sellers. Makes sense.
CECAFE. +39,1% m/m, already projects 2.78 M bags end of jun22.
This is why market is up? Too much coffee
of course not.
Where is our Mayor? Mr. Viriato
Green Coffee up 97k bags
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