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US Coffee C Futures - Jul 24 (KCN4)

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223.32
+1.49(+0.67%)
Closed

US Coffee C Futures Discussions

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.
Looking at the chart, I don't think the top is ready to go... But if it does I expect it to ********then pull back sharply ... Needs another month to hold and sustain a new high.
Noticiasagricolas com br /noticias/cafe/306732-colombia.html#.Yd8FHlNv80E
for those that care.. im sounding the alarm.. the exit sign is flashing
I covered some sp at 235.. and reentered all back at 243.5.. position complete..
espece de malade ferme la gueule..
243.5 might work... But don't get caught out if the top goes before it corrects.
BRL yestarday -1.67%
If to consider current ag prices trend to continue, Brazil will atract quite some money into its agro sector.
EM bottoming I think I generally agree with that thinking... Also, if Softs are now all entering a second wave that will help support the EM currencies for some
Viriato Magalhaes well African countries are one step ahead regarding coffee
Coffee Dynasty is (still) here.
Strange : coffee is good opportunity to earn some money , But the open interest is falling .
Waiting 246 soon
CECAFE 01/11/2022 x 12/11/2021: Issued Certificates +20,5% bags and Shipments uninformed, issued bigger of DEC/21 (d/d).
December was weird, slow at the beginning and very fast at the end. Not trustworthy to compare.
CECAFE January, shows that coffee continues to appear
ICE Stocs - 33k bags
Do you see logistical problems ?
we had some delay in delivery from warehouse to roastery. Now thats less. atm what I hear more activity out than in.
 Tks lts wait if some coffee arrived in AAntwerp will supply the industry or if they will be certified.
ICE stocks. Nice.
No shorts currently, massive net long... But decided to open a quick short and close one long here. This is a short term trade and some insurance against a failed top. Very early days, I am still over 90% long. So short 237.5 and hoping the idea fails.
Closed short from yesterday, 238.4
and today you say this ? Is easy
Correct. I closed it today on open
...
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