Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

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
223.28
-4.82(-2.11%)
Closed

US Coffee C Futures Discussions

Huum @ Jason ....
 Leave some dry powder for further tests of lower lying levels 190,180,175....
i will double up if it goes down there. Hope you covered you shorts. Doubt you did
shortdude best trader on coffee imho
Many reports of low flowering set due to climatic stress. increasingly impossible to produce coffee for global demand. a regular harvest will be for 2024
No catalyst - no spike. :)
Another Brazilian report of a very bad situation in the fields ;) what a surprise.
Imagine that!
When it will stop bleeding?
We have to fight against inflation. Cheap commodities are good!
Up to 215.30, in next days, bulls remain in command in the medium term.
Bulls are still slaughtered
* bulls = bears
Weekly momentum is most oversold within 5 years and ROC is approaching reversal level.
Agreed. Technically bounce is due.
Volume goes down (H23).
purely technical just for fun I see a test of 200 before end of day...(still no indication of reversal etc ...just bounce, maybe a dead cat one)
so much for my"expertise" against the trend...just got stopped out
ICE stocks are not falling and we have good CECAFE numbers. 6mln bags in GCA stocks. Markets in deflating mode. Bulls need new story.
offcourse is not zero, but it is the lower value since the starting of ice atock counting.
Everyone knows about ICE. This is only one piece of puzzle.
ICE close to 0 is a bull factor... not rebound of the stock is another.... offcourse a pieve in contrast with other aspects
forget reports and supply demand on paper,,,think what game fund manager is pushing till when time factor
Everyone expects a big crop in 2022, but what about crops affected by frost? Soman 20% of all crops in Brazil, these same ones don't exist anymore, how can 2023 produce a lot? we are out of these crops and on the "la ninha" effect. I don't know what they say to you there, but it's not our reality.
It is funny, when Conab releases a crop that doesn’t fit your desires it is not reliable, now threy are?
No Bruno, these are not my wishes! In statistics it is easier to determine the area than the productivity.
Did the rains arrive in your region?
Coffee prices Tuesday posted moderate losses, with arabica falling to a 1-year nearest-futures low.  The outlook for a bumper coffee crop next year in Brazil is undercutting prices as beneficial weather in Brazil has aided the flowering of coffee trees and bolstered the outlook for next year's coffee crop.  Also, coffee harvest pressures in Brazil are a bearish factor for coffee prices.  Coffee producer sales typically increase during harvest time to make space for storing their newly-picked crops.Abundant U.S. coffee supplies are bearish for coffee prices.  The Green Coffee Association on Monday reported that U.S. Sep green coffee inventories rose +5.2% y/y to 6,378,478 mln bags.
Ice coffee today almost unchanged(-0.6k)
The problem is that Brazilians are completely untrustworthy when it comes to information from the coffee market. Recently, even CONAB admitted that their harvest and stock information reported for many years was incorrect.
In 35 years of being in the coffee business, we have never seen an accurate harvest tallyin any year from Brazil. Always approximations. I do not think it is a matter of being untrustworthy, more likely, very didorderly accounting, always estimates and approximations.There is a lot of unreported cash sales anywhere coffee is produced, the infiormal market.
disorderly*
I am a producer of specialty coffees in Brazil, I have batches of 84 to 87 points on the SCAA scale. This year's crop. I would like to negotiate properly with the buyer. If anyone is interested.
Hello William, there are many here that produce specialty coffee.This site is not for selling or buying. Only paper contracts. Regards...
crop 23 os no longer perfect study the bomb already Burst in august
C’mon bulls target 212
I will commit to coming here in the chat, in January 2023, to prove what I said. we live speculation about crop numbers, you can see that they talk about overproduction, and stocks fall, because we don't produce the numbers that speak, we always produce below
We're in a very easy situation: 1) if all is perfect and it's gonna be even more perfect, ICE will start going up quickly and the market wil crash to 40c :) ; 2) if t's not perfect :), ICE will continue to go down. To export 33mb the harvest of 34mb is mathematically enough. For simplicity, it can be considered that all low quality arabica, uncounted and residues go into local market (as it always was).
If we'll count 2018-2022 A export roughly as 4 x 33 + 1 x 35.5 = 168mb and production by USDA as roughly 220mb, we'll have stock, accumulated within only those years as 220 - 168 = roughly 50 mb. And as prior to 2018 there was also some stock :), then by the end of 2022 it should be what, 60mb ? I don't know who's gonna believe it...
To produce 6mb on average yiled 30b/ha 200k ha are needed. If I remeber correctly, 200k is about whole coffee area of Bahia, etc. Can such a producing space go somehow unnoticed for the pros? Well, after 10 espressos at once - may be, but otherwise - unlikely. Thus, any expert that adds easy 6mb to production has to understand what he adds :).
Brazilians are selling all their coffee, so exports are on the rise, exports will drop in the coming months. We don't have coffee, there won't even be left over for internal consumption until March 2023. Come here in Brazil, to see the reality of production.
2023 crop will not be perfect, we are suffering with the weather, some crops are already aborting new fruits, I believe the numbers for the 2021 crop will not pass, stocks will run out. you Americans believe a lot in what you say, you even believe in Santa Claus
we produce the best coffee in the world
I was ironical (well, trying to be) when saying about Sao Paulo airport and 100mb.
I grew up on Santos. :)
Addition: if to consider that 2023 crop is gonna be perfect, that should bring us back for OFF cycle A number of about 40mb and so, respectively, it should increase A stocks for another 6-7mb. As a well established growing tendency, in next 5 years BRazilian stocks of A will reach (as the crop will get back to 70-80mb level or more) ... about 100mb. Every passenger, arriving Sao Paulo airport ,will be greeted with 3 FOC cups to feel the magic.
Ad we should forget that secretive finish labs are producing coffee out of thin air (without coffee trees) and as technology always wins in the end, it seems absolutely impossible to evaluate what Brazil is gonna do with its coffee park? :)
we should not forget
any idea how to remove these crypto spammers from this blog?
Invest with them. They will consider their mission completed for now. :)
Its a terrible problem throughout the site
So annoying - and incredible that Investing.com seems to NOT care about it. - Actually considering, if they are part of the Scams!
Drought, frost, hail, etc affect the vegetative state of the tree and it's yield as ferts and irrigation do. But it doesn't mean that all coffee is forever gone. It means that bumper crop is not possible and so, any possible hit of a scale will cause an effect bigger than usually. USDA considered 2018 and 2020 (both ON cycle) being of roughly 50mb of A. 2019 and 2021 OFF cycle crops were considered by USDA being roughly 42mb and 36mb, and 2022 was considered about 41mb. Accumulated value is 50+50+42+36+41 = roughly 220mb.
USDA says that out numbers should be equally distributed between export and stocks. Let's say, tha Brazil exported 101.5mb of arabica within 2020 - 2022 years. 50 +36 + 41.5 - 101.5 = 26mb should go into A stocks in Brazil only within those three years. And nobody should fool himself - there were existing stocks before 2020, as 2018+2019 brought in about 50+42=92 mb of A that were not all exported. And, :) ... there were stocks before 2018 as I personally think. So, I'll let anybody guess what should be Brazilian stocks by USDA now ?
Well, the idea is not say that USDA doesn't move market (it does!) but to underline that without knowing stocks in Brazil at least +/-15%, the whole equation doesn't have a lot of value.
Producers, your comments re the facility, needed to store 50mb are very welcomed!
liquidity drying out...sell and wait for 160s
For now... no power.
Ok lol
game has changed.
160s like a magnet
you are right everyone’s scared to buy
borrow on margin at high interest rate. no thank you.
DXY slump helping commodities bulls but i guess it will be a matter of few days ready to sell 212
...
...
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.