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US Coffee C Futures - Jul 24 (KCN4)

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200.55
-5.55(-2.69%)
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US Coffee C Futures Discussions

Did anyone read the last COT (last friday) ? the strong rise in prices due to frost was driven by commercials (industry and traders), while specs actually sold the rally. This is extremely rare in such a scenario and definitely points to a shift in buying price targets which are lead by fundamentals and not by technicalities..
 Yes, of course, they have finished most of the shorts and longs, especially the small speculators, unfortunately the majority of them have sold below and bought above, and now is the consolidation period again after the market has been emptied of many speculators, so I think that the market will come out of this narrow range after two weeks of right Now
 Or maybe they just covered their longs after second frost wave, so scary in forecast so mild in reality? Only this covering with lack of new buyers ignited this selloff.
well, accordingly with COT it doesn't seem there were any heavy positions taken during the frost story. But surely COT is just a picture taken on every Tuesday, so your reading could fit in.
Is it kind of delta lumber?
Another lumber...
it's not a real sister yet. Lumber has produced a bounce of about  300 pts before to resume its downtrend, but coffee didn't do it till now... Thus, the correlation is not that extreme yet. :)
And before the last extreme ATH, lumber produced another ATH...We'll see if they're real sisters. :)
 There are so many differences than i won't bother listing them here ;). Zero correlation
Bear flag just above 170-172 support? Drop might be harsh.
Maybe bulls will find some chances of glory at 156 $ level lol
I'm from Minas Gerais, producer, I came from the future to give not so good news, March 2022 coffee shops will be roasting the papers from the NY bag to sell in their stores, 20/21 CROP CROP OF 60 TO 80% IN PRODUCTION IN THE ENTIRE REGION AREA OF THE MATA MINING, LOW HARVEST IN THE OTHER REGIONS, Apart from the water crisis, an increase in inputs and also frosts that hit the south of the state and compromised the next harvests, regardless of the price, THERE IS NO COFFEE.
 there is no coffee yet at this same time new bags are flowing into ICE stocks. From Brazil. Talk vs facts.
O'Que produced I already sold, with my production 80% lower than the last season I sold it when the market reached 205, I had to cover my costs, but regardless, I just came to warn you, there is no coffee!
then search for coffee stocks in Brazil and Surprise yourself
Have you seen lumber chart? Looks familiar?
 Thanks, I only share what I see on my chart...i don't trade KC intra day, only swing.I longed the move >160 2 weeks ago, closed at 2nd 209 touch. I'm only interested in TA and cycles: monthly, weekly and daily are up. I don't share/brag about my entries online, but can share levels of interest...173 is actually key, it's the 61,8% fibs retracement. If it holds, it's bullish. If it fails, hello 165 and 156. I got stopped out on gap close last week at 191, no open position right now but looking at 178 and 187 IF price reclaim and hold. Horting a lose of 173. I don't know the future...but I have reasons to lean slightly on the bullish side :) maybe because Aug is historically in the top 3 months. No one knows where price will be end of month.
 true, gaps are meant to be closed...but I've seen gaps staying open for longer than traders being solvent too. Great targets when price loses support, for sure
My Tgt 160.00...then will change to long!
Excuse me, at what time does the market for coffee open again?
when u hear the rooster
The whole of august will be a boring just a narrow  range
If you really know about coffee, you should know how much it will take to recover h ttps://www.f acebook.com/groups/1607307692875831/permalink/2922628698010384/?sfnsn=scwspwa
 you perfectly confirms my point of view. You were devoted producer at 100$ so you are more than happy now. Tell us how big are your losses because of drought and frost? Bigger than 10%? Or maybe everything is in not so bad shape?!
Of 24 hectares we lost approximately 3.5 (we lost areas below 870 meters of altitude). Since you are asking, we are with a sum of 15 to 25% (larger losses in areas below 950 meters in altitude due to the higher temperature and soil type) of loss due to drought (sums of reduced production and lack of yield in processing). Bearing in mind that according to the biannuality, production was estimated below 40% relative to 2020.
Just to give you an idea of ​​how much I'm not happy: before the pandemic, R$1700.00 was paid for a ton of input, now it's over R$3000.00 and they say that this amount could increase when they start planting grain. Harvest labor, pesticides, machinery, I have never seen high in such a short time as it happened.
Shorts to be careful?
"New frost" is already better than "hype frost", a sign of reflection on this variable.
 is your Nickname referring to your always bearish mindset or your manhood? ;-)
be careful of price move: melt-up
Downside looks to be rejected....when is 160 coming?
Around FND
very strong supports to coffee trader as well a small producers
Hopefully will break day high
Most overpriced thing of the planet starting to land lol
Let me introduce you to US equities :)
Overpriced commodity may get... much more overprice. Lumber and Palladium are good examples too.
A spot of snow... By the way, thank you all for the kind support and sympathy for us coffee growers... https://fb.watch/791tLSMU2p/
 Why are you accusing me? Why did I ask another participant's price opinion? Now for you: What would be the ideal price on your vision? Note: I am aware of production costs in Brazil.
Another question: when coffee was at 300 cts / lb, did you pay salaries other than "miserable" to your employees ? or the difference puts in your pocket ?
Nobody has really raised salaries since 1980s
JDE Peet's profited higher than expected from rising domestic consumption.
bulls need to go light candles this sunday.. seller accumulation above 177..
OMG...FED'S CLARIDA: BY THE END OF 2022, THE REQUIREMENTS FOR HIKING RATES MAY HAVE BEEN MET.
Gold going down. Waiting to buy coffee at 160.
120 is fair price.
Except energy commodity looks all beautiful to buy.
WTI & Brent only weak because of fears of Covid Delta. - Nat. gas extremely high, and coal too.
OR expensive to buy?
Coffee may close very high..possible..Fed just said inflation may persist. Not transitory.
In the Era of inflation buy commodity. Doesn't matter if it is coffee or gold or cocoa
Lol
Look at gold and silver. The futures of all commodity futures across the board...
Watch US10y and the $ - down because of weak employments nr. - Supportive for Communities.
As mentioned strong support at 160
 we have very strong support at 86 hahahaha
Very strong support at 120 Lol
 But firstly around 140. :)
Gap closed - Buy IMO
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