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ICE US Coffee C Futures - Sep 24 (KCc1)

ICE
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KCDerivedUSD
KCc1ICEUSD
KCc2ICEUSD
KCc3ICEUSD
KCc4ICEUSD
KCc5ICEUSD
KCc6ICEUSD
KCc7ICEUSD
Currency in USD
Disclaimer
230.60
-4.10(-1.75%)
Closed

US Coffee C Futures Discussions

Dude, you need to change meteorologists. The same mistake in 2022, not predicting the future.
Viriato: By USDA, 23/24 production was 66.3mb, CECAFE export 47.3mb (weak demand :)), domestic (round :)) 23.7mb, in total 66.3mb - 47.3mb - 23.7mb = 66.3mb - 71mb = -4.7mb. By USDA 23/24 beginning stocks 23/24 have been 4.6mb. The one likes it or not but by USDA (until further notice :) :) :)) ending stocks in Brazil 23/24 are roughly -4.7mb +4.62mb = - 80kb. Or zero.
I think that what you wrote is very likely. It is supported not only by mathematics but also by logic. Brazil was encouraged by the KC price, the low BRL rate and most importantly by analysts' projections but also MGom as well as Judy were of the opinion that a record season was coming and prices would only go down from now on. So everyone who had something sold everything. That's logical. And now the inventories in Brazil are sold out.
More from the same article: The ideal would be a loss of around 20%, but, it seems, we will have 30% to 70% losses”, he said in an interview with the portal ES Brasil. The president of Faes gave an example with information from producers in Jaguaré. “They take 50 grams of coffee and count the beans. In 2022 there were 389 beans in 50 grams of coffee. In 2023 there were 365. It improved a little, as the grain was more robust. But this year, there were 524 beans in 50 grams of coffee. Due to the excess temperature, the grains were damaged.” In the general scenario, Júlio comments that Espírito Santo is doing well, because it maintains leading positions, as the largest producer of conilon coffee in Brazil. “Thanks to Incaper’s research, we have clonal coffees, which have a productivity of 100 to 150 bags per hectare.”
As drought of 20/21 practically didn't affect R, El Nino in 15/16 didn't affect A. Well, 23/24 was a bit ... different :)... as both A and R got affected at once. Rare case but it happened...
And pay attention, Sr Rocha is not freaking out, he just describing current situation and notes the development that points to bigger production in the future. Not the end of coffee :) - just current cycle issue :).
Brazil never sleeps and develops new clones. May be one day, as MGom once said, it will be a coffee tree (trees :)) in every backyard :). But it's not gonna happen tomorrow or the day after... Vietnam is not Brazil at the same time... If ES will have 30% (nobody knows) would it be unrealistic for Vietnam to have the same ???
today 240!
open 225!
Cafeicultura: Harvesting flower buds could jeopardize the next harvest. This year, we are seeing an atypical phenomenon in coffee plantations: the early development of flower buds. Normally, this phase occurs after the harvest, when the plants begin to prepare for the next crop. However, due to unexpected weather conditions, we're seeing these buds form before we've even finished the current harvest. 🚜 Impact on the Harvest and the Next Crop This advance is creating a significant challenge for growers. During the harvest, in addition to the coffee fruits, the floral buds are also removed. This removal jeopardizes the production of the next crop, as the buds are essential for the formation of fruit in the following cycle.
first check the rain forecast for coffee region, rain in south region do not help coffee flowering, also nobody knows if it will persist(rain) one rain only do not help
Where do you see rain forecasts? I can't find anything in the short term?
I don't see any rain in the latest forecasts either. The first predictions are not until early September, and until then, beautiful winter weather, systematically 30C.
week 275!
tomorrow 240 easy pizzy
Gap never fails 😉
today+10%
today -10%
long 229 and R 4330...come on bulls
Definitely no coffee. CECAFE another month with exports of around 4 million bags
June export was 3,5mln bags, according to Cecafe July progress is lagging to June 2%. How did you get 4mln for July I don't know?
Wait ...
Im in the coffee business more than 50 years, I never saw coffee with high price like now when harvest is 70% done, dollar high and too much coffee as MGom says
Don't look up, everything will be ok 👌
This is OK
1st support/4h - 225
The rain is coming. Every year the same story, drought and rain in August/September. You should have already learned.
Science and previous precedents say 25/26 crop will be affected, and not just in Brazil but everywhere where high temps made a hit. So, 2025 can't bring relief :). We'll have a chance to see it very soon. :)
This decline is not because of rain. First of all, rain is quite uncertain secondly if it materialized it would mean nothing more than more trouble and premature flowering during the dry season.
Funds are excellent moisture sniffers.
neverending fall is back
maybe yes,maybe no.....
when its like this i smell big drop later today :S
225
sl hit 236...buy limit 228.30
looks weak maybe we need to get some liquidity at 230
250
sell dolar/ brl at 5,60 and but coffee ny at 240 and be happy
niagara!
elevator
open 250
...
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