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US Coffee C Futures - Jul 24 (KCN4)

Real-time capital.com
Currency in USD
Disclaimer
226.05
+0.15(+0.07%)
Closed

US Coffee C Futures Discussions

The reality is that Brasil next harvest will not be enough to consumption and exports. We are facing a very long dried season(2 years) the deficit hidric is really too high plus the frost in July and the Rail Storm this week in various regions, as I use to say, when you have less coffee in Colombia, the Colombia the prices go high, when Brasil produces less…. The world coffee price goes to sky.
But the price is already too high?
 $3 in 1977 is equivalent in purchasing power to about $13.54 today, an increase of $10.54 over 44 years. The dollar had an average inflation rate of 3.48% per year between 1977 and today, producing a cumulative price increase of 351.43%.Do you still think it is too high?
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