Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

US Coffee C Futures - Jul 24 (KCN4)

Real-time capital.com
Symbol
Exchange
Currency
KCDerivedUSD
KCc1ICEUSD
KCc2ICEUSD
KCc3ICEUSD
KCc4ICEUSD
KCc5ICEUSD
KCc6ICEUSD
KCc7ICEUSD
Currency in USD
Disclaimer
232.43
-7.92(-3.30%)
Closed

US Coffee C Futures Discussions

Today we are going to have first prediction about 2022/2023 crop from CONAB
According to USDA while production surplus world stocks are 6-8mln lower. Something does not sum up...
So...
-6 to -8 seem to be in price. We await USDA in Jun2022
CECAFE : Shipments dez21 = 3.786.399 bags and 2021 = 40.371.703 bags, not bad, for a biennial year to go negative, in addition to the problems of drought and logistics, at the same time
Better to follow the Issued Certificates. Certificates on Dec 21 (12/31) closed at 3,868,141 bags and shipments for the same day were 2,971,349 bags. Today shipments were readjusted to 3,786,399 bags. Better to use Certificates Issued on 01/13/2022 = 991,879 bags
That's what I'm saying. Almost half a month and only 990k certs. At this pace 2.5mln certs oy till the end of the month. But always they can speed up.
rule of 3 ? doesn't work
Hai Every onecan i keep coffee stock ( Both Arabic and rubosta ) untill September 2022Please suggent me
Cafezalsuldeminas com br/comentario-semanal-cafe-25/
Country may collect 39.5m bags of arabica and 22.5m of robusta, according to Prata Pereira Exportadora de Cafe, an exporter based in Minas Gerais, the biggest producing state. • Compares with 53.6m bags in 2021-22, when output fell to lowest in 12 years, with arabica at 32.4m bags, exporter says
300k hectares is whole coffee area in Honduras. It is clear BS that coffee area is bigger by such area in one year in Brazil.
So Frost affected Farmers say 2022 On year will be 50% lower than the bumber 2020..... This must be drastic for the supply after a downyear in also 2021. --Or have the Brasilian farmers cultivated a lot of new land for growing coffe....???
 100% of producers say that ? of course not
nice star....
In the absence of KC disaster news :).
I'm not sure about that correlation... but the ES and NQ will see quite a bounce next week b4 further retreat.. managers did quite a rotation on the rip on Tuesday... yesterday and today is a delayed effect..
Thanks !!! :)
expecting a quick move up here once it gets going
Up I suppose?
Rebellion is alive. :)
Robin Torsoff goo call!!
We're just several days away from CONAB first evaluation of 2022 crop. This time it's gonna be really exciting. :)
About 57mb. :) But this is just my speculation. When I said exciting I meant it's gonna be hard for CONAB to justify some big number. :) CONAB is a market mover.
when is their update?
On Tuesday next week I believe...
Daily and weekly charts start lookin bearish but montlhy still ultrabullish….i m not a wizard but i would bet on sell side if tomorrow will be a red day
I think you've said this before. I don't want to say you're wrong, but there are so many attempts that one day you'll get it right.
rodrigo, i remarked IF….now its getting green still too much euphoria but i would never dare to buy these crazy high prices
You've also commented on this before and we were way below 200. Look at other dates where coffee was higher and inputs were 500% lower than today. Don't just look back, look ahead, there are still 5 months for winter in Brazil and the harvest that is to come is still uncertain. Sometimes the expensive ends up being cheap and what is expensive for some people is still cheap for others.
CECAFE 01/13/2022 x 12/13/2021: Issued Certificates +,56,3% bags and Shipments uninformed, issued bigger of DEC/21 (d/d).
Emater is an institute that provides technical assistance to producers and is present in all municipalities, visiting all types of crops, including coffee. For those who still believe in a super production for 22, this is an interview with the manager of Emater talking about the break in production: noticiasagricolasc om br/videos/cafe/306757-intervista-com-willem-de-araujo-gerente-regional-da- ematermg-in-guaxupe-about-coffee-production-in-sul-de-minas.amp.html
Municipalities? Where?
Technical and rural assistance company in the State of Minas Gerais.
The National Coffee Growers Federation in Colombia have reported that the country’s coffee production for the month of December was 358,000 bags or 20.54% lower than the same month last year, at a total of 1,385,000 bags. This has contributed to the country’s cumulative coffee exports for the first three months of the present October 2021 to September 2022 coffee year to be 817,000 bags or 18.80% lower than the same period in the previous coffee year, at a total of 3,528,000 bags.
yesterday's news
Today is : "Coffee prices this morning are moderately lower, with robusta falling to a 1-1/2 month low.   Robust is under pressure today after Vietnam's General Department of Customs reported Vietnam Dec coffee exports surged +57.6% m/m to 169,349 MT."
ICE Stocks -24.240 bags, Pending bags 10.220 bags
again today -20k stocks down on ICE
80k in 3 days.
Gap filled. Fasten your seatbelt ;)
Which way ? :)
Up😃
Noticiasagricolas c o m br/videos/cafe/306757-entrevista-com-willem-de-araujo-gerente-regional-da-ematermg-em-guaxupe-sobre-a-producao-de-cafe-no-sul-de-minas.amp.html
GAP closed - reenter long @237
Small long 237.8
It can get us back to 245 if S&P will not dive... :) (Mine was 237.75 :) )
Chance of follow through down, hence small long. I will wait and see what close and open
Buyers :) got confused after about 3000 lots dumped in 3 min. :)
ShortDude, Tthis article is special for you : gcrmag . com / how-covid-19-has-changed-the-coffee-supply-chain/
Only in Vietnam ports were closed. Not happened in Brazil? Robusta werent so much affected by weather too. Thats why I think that Robusta is more affected and that explains ATH. I read here so many times that during covid demand is only smaller. This is not true.
In addition to ports, there are problems with containers and freight prices, ships... this is case of Brazil.
And Brazil is agro hub for the world. Traffic is huge with all the consequences that follow.
Vietnam Commodity Exports in Dec.: Coffee Shipments Rise (Bloomberg) -- Dec. coffee exports seen at 169,349 tons, up 57.6% m/m
Lets see KC to $236
Guys got it, Right.
CECAFE 01/12/2022 x 12/12/2021: Issued Certificates +,35,1% bags and Shipments uninformed, issued bigger of DEC/21 (d/d).
STOCKS OF EUROPEAN PORTS (Stocks include ICE certified stocks as well as non-exchange stocks) in OUT21 = 13.321.800 bags, EUA GCA in NOV21 = 5.843.721 bags, JAPAN IN DEZ21 = 2.433.000 bags, VIETNAN in DEZ21 = 2.940.000 bags, BRAZIL in DEZ21 = 2.864.000 bags. World inventories are not just about ICE.
What if what? What is the Mgom's question?
What if MG is Right this time around
Right about what? MG is correct, ICE is not only place where world stocks are hold. Even when ICE is at 0 there still be coffee to trade. :)
again -27k bags down ICEIn the last 2 days now 60k bags down...
Good pace!
Looking to add long at 236 if it comes. Otherwise wait and hold. Big wick on the hourly which is bearish for a few
Really nice short coming up in oil soon. Short term Omicron buying about to be followed by a lull.
...
...
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.