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US Coffee C Futures - May 24 (KCK4)

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188.53
-2.12(-1.11%)
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US Coffee C Futures Discussions

for those of you that follow KC.. I have one other bad actor to report.. in addition to Judy Maja and Fabiana Batista, I have to add Ole Hansen... just recall how bullish the dude was at 220+.. even right before the dump.. this is all part of the game.. brazilians farmers with random puppets leading the fortune seekers into the guillotine.. the game always the same every spike (rarely real crisis).. coffee burns on the way up and burns on the way.down..
Rodrigo please don't be indelicado ❤️❤️
I was not impolite. But you are when you talk about producers. I wanted you to know a little more about the reality of production, it's nothing like you imagine, at least from the side of coffee production.
agreed... I know some of this reality... and Brazilian farmers had, an average of low prices for almost 10 years
this trend must find some here around W1 200SMA based on technically. but apparently coffee fundamentals are very bearish.
What many people don't pay attention to, is the fact, that current weather issues are very non typical for Brazil (not just Brazil) and so, the usual approach to evaluation may bring with it a high rate of mistake. I'll state my bullish thesis on weekend and will be absolutely happy to hear any comments on it.
All is relative. For the one, who believes in 50mb A crop, 2mb damage means nothing (and it does!!!) but for the one who believed in 30mb crop before that same damage, it means rapid move from fragile but still somehow balanced situation to pure bullish situation. (I did read quite some comments from the farmers, complaining about the fact that they escaped major frost, but the plants somehow produce quite less beans. But they didn't escape the drought and prolonged drought can change the way the plant works ... forever. This is studied and confirmed long time ago and coffee is a plant :) still, even brazilian coffee tree.)
Rodrigo, I believe that by the end of 2020 Brazilian stocks were huge :), something around 40mb or so. It was possible for Brazil to have such stock decades ago, so it shouldn't surprise. (Agitating no one as I can be wrong like anybody else :) )
Starbucks sales rise 7%.
True. But european coffee culture is not comparable to the one of US. 1000000...0 stronger. What should point to the idea that EU demand also doing fine.
After covid ended, freight rates normalized and Russia freed up lots of containers and cecafe proved there is coffee to ship, importers got back to their rutine practice. No extra stocks.
In US$ or bags ?
153.40 reaction point support within reach. Daily stochastic is making tripple bottom (very rare occurrence on daily). (153 - 143) - my loading-loading zone. :)
I see miracle in the inexhaustible Brazilian stocks. They will always have enough coffee to sell.
Water of Life ! :)
Genious of them or still thinking they live in the ICO Quota era? :)
Be fundamentals as it may, thus far or till next couple of months, I salute members here who have constantly been forecasting the bearish trend. Especially, those that have been drwaing analogies from the past volatilities of coffee prices! For now, 'FUTURES PRICE IS DOOMED, ALMIGHTY KNOWS WHETHER EXPORT PRICES & HAIL-STRIKEN BRAZIL PRODUCTION' WOULD FOLLOW SUIT OR NOT!
Just levely if they know 150-155 is bounce point then everyone will jump in at this level , but this 500k extra bags is very suspicious , smell criminal for me .
well said
140 more likely now as next level to watch
free coffee 4all!
straight below 100 $ ?
At least today without new bags in the queue...
hey man, farmers that were taken by surprise last few weeks will be stubborn to sell now... hence I think we will see a bounce first then will take the opportunity to dump closer to 185 190... probably few weeks away
hey Sam you see a strong bounce also in case of DXY back only safe haven ?
if you're still holding your shorts watch out for the RSI diversion.
By TA is correct.
MG I have been standing on the sidelines for the last month or so. Is there a spot (Seasonality) or technically you think we may get the washout and rally out of a high volume bottom. Your opinion is greatly appriciated.
By TA the market is oversold, but we still don't know where the bottom of this fall is. 155 to 150 would be an important support. For bulls, the market needs to retest 175 and stay above 150. Let's wait for the expiration of the options and the FND.
Wondering, why the trend is u thus far!
But, z wondering goes of since 30min ago! LoL!
Be the trend always our best friend lol
No, am learning z trend, rather! A growing farmer am I.
Do any of you know the procedure for registering grains for the ICE queue? I'm so wondering if these grains have to physically exist and lie in ICE warehouses? Is it enough to declare a desire to deliver, pay the registration fee and suddenly there are 500k bags in the queue? Asking for a friend. ;)
Cecafe I already know, one can produce certs without physical beans. No problem.
Certs show us just an idea of ​​what the shipments will be like, but shipments, no. The coffee is already On Board. Coffee just doesn't reach its destination if the ship has a problem during the journey.
Keep it in the container, or another warehouse close by probably. lots of cheap empty storage in Antwerp
GCA -58k bags
Peanuts
by +500k ICE and 3.5 CECAFE, yes
Another 50k bags in queue.
world is full of bags why coffee was double priced few weeks ago ? Lol
Brazilians are selling hard now so they can watch the World cup in peace... no stress...the thing is they are not that good this year
Suddenly she is quiet now.
And, her last twt yesterday? And, Judy? :)
She tweet 40 min ago
If Reach 142 it will bounce ??Or More going down? What you think Guyzz?
143 - 153 range is loading zone in my opinion. Minimial risk to downside, uniimited to upside.
small buy at this level ?
In time brazil gonna have burn coffee like in 30s
it happened in the 80s and 70s also... Santos insenurator.. shovel coffee on the chimney.. that happens below 80 dollars only.. dont get ur hopes up
incinerator **
Judy G. Maja and fabiana batista and a fourth one I forgot her name.. they caused me lots of heartache and stress in 2021 and early 2022 on total bla bla bla chatter of baseless crisis only existing in their head.. with the Cooperation of Brazilian and Colombian farmers hiding their bags... probably lots of farmers have been running to the market last few weeks... those still hiding bags are smoking the 300 dollar fumes.... he who laughs last dingdangdong
You seriously think that brazilian farmers are listening to Maja ? :)
Some of them, possibly, do. Why do you think Maya is given a VIP tour of the farms?
ShortDude, the average Brazilian farmers don't even know Maja... Brazil is very big, and there are more than 100.000 farmers...
Market sweeping the SLs.
Maja should arrest the situation!
Market do not listening what Maja is saying they had a plan long time ago to be honest i really based on her opinion and i am badly
You should not enter on somebody else opinion - only on your own. And she is not (never was) a trader.
Ok smart people what now ?
Would be nice to get into 143 - 153 zone tomorrow or till the end of the week.
Even usa inflation not helped
Lower inflation means lower prices, right? Coffee is cooperating ;)
no dude lol, lower inflation means slower increase in price!
liquidity is great if you want to buy or close short.. I think today is first capitulation phase
Sam do you think it will bounce finally ?
if I covered, then I think that its heading up... since I covered has it broken 158? no....
@Sam Houston from the 152 it will bounce to 200 or take long time ?what is ur opinion???
ordem e progresso...
Lula and justice for all lol
Maks do you still hold ?
etfs allow me to hold even if not the greatest deal with volatily decay….tempted to average it if retest minimum level
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