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US Coffee C Futures - May 23 (KCK3)

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171.15 +1.12    +0.66%
04:15:42 - Closed. Currency in USD ( Disclaimer )
Type:  Commodity
Group:  Agriculture
Unit:  1 Pound
  • Prev. Close: 170.03
  • Open: 170.93
  • Day's Range: 170.73 - 171.28
US Coffee C 171.15 +1.12 +0.66%

US Coffee C Futures Analysis

 
The latest analysis and reports about the US Coffee C Futures.
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US Coffee C Futures Discussions

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MGom MGom
MGom 11 hours ago
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Today's CECAFE Certs up +169.877 bags, project 3.2M to 3.4M bags for end mar23, we still have 2 days for end of mar23
MGom MGom
MGom 12 hours ago
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Today's CECAFE Certs +169.877 bags, project 3.1M /3.4M bags for end mar23. Still 2 days left.
ShortDude ShortDude
ShortDude 14 hours ago
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I bet that for this price there will be few new bags delivered to ICE. Backwardation might stay with us for some time.
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ShortDude ShortDude
ShortDude 14 hours ago
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Backwardation is considered as a bullish factor.
Maks Mars
Maks Mars 12 hours ago
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ShortDude ShortDude lower futures prices or backwardation is a signal that current price is too high so I guess this thing will land straight back to 100 lol
ShortDude ShortDude
ShortDude 11 hours ago
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You just gave proof that you don't have a clue. In 2016-2020 contango was up to 15% per year and the market was in downtrend. Then the market went into backwardation and the price rose from 100 to 260.
Max Leverage
Max Leverage 9 hours ago
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Backwardation is bullish of course. Unless it falls so much it swings from backwardation to contango.
ShortDude ShortDude
ShortDude 54 minutes ago
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With current ice stocks situation backwardation should stay with us.
ShortDude ShortDude
ShortDude 17 hours ago
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Bull market is officially over.
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MGom MGom
MGom 12 hours ago
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Viriato Magalhaes Today's CECAFE numbers, ARLEADY project 3.2M /3.4M bags for end mar23, we still have 2 days for end of mar23
Viriato Magalhaes
Viriato Magalhaes 11 hours ago
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I meant only arabica :).
MGom MGom
MGom 11 hours ago
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AR ?
ShortDude ShortDude
ShortDude 11 hours ago
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3 days in fact, they always add some certs day or two after close. Agree on 3,2-3,4M physical.
MGom MGom
MGom 6 hours ago
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Around of +37.73% MoM and -13.50% YoY
Bud Fox
Bud Fox 18 hours ago
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oversold past 3 days...due for a strong bounce at anytime....
Max Leverage
Max Leverage 17 hours ago
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Its not oversold at all on daily because it’s been range trading. Only on short time frames.
Roelant
Roelant 18 hours ago
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Can be bought at 156 measured move?
ShortDude ShortDude
ShortDude 18 hours ago
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Brazilian farmers should be delighted. They like to produce more for less.
Sam Houston
Sam Houston 18 hours ago
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its nice to be a fortune teller..
Max Leverage
Max Leverage 18 hours ago
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Yes it’s called reading the charts. Plus a little bit of fundamentals and knowing 1) funds are net long and will liquidate below $171. 2) It’s a big crop this year. 3) you have a long head and shoulders pattern, pretty reliable along with the anove 2 points.
ShortDude ShortDude
ShortDude 16 hours ago
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This year crop will be not great, simply not the bad one. This is about next one. They predict it as a huge one. So the worse is over and now everything will be only better
MGom MGom
MGom 19 hours ago
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break 171.25 is not good for Bulls. Bears in control in medium term
MGom MGom
MGom 18 hours ago
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Where is the expert and experienced prophet Coffee KC ?
Long Dude
Long Dude 18 hours ago
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Fake-Break...
Long Dude
Long Dude 17 hours ago
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It takes one to think you know one...
MGom MGom
MGom 14 hours ago
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He is gone
Max Leverage
Max Leverage 19 hours ago
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Hey im not a coffee expert but i know my technical analysis, coffee melting down next couple of weeks.
 
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