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ICE US Coffee C Futures - Dec 23 (KCc3)

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185.10 +6.10    +3.41%
11:02:00 - Delayed Data. Currency in USD ( Disclaimer )
Type:  Commodity
Group:  Agriculture
  • Prev. Close: 179.00
  • Open: 179.50
  • Day's Range: 177.95 - 186.40
US Coffee C 185.10 +6.10 +3.41%

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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Kenan Hajdari
Kenan Hajdari 43 minutes ago
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Guys...let's be careful here. Losing money is not why we're here.
Kenan Hajdari
Kenan Hajdari 4 minutes ago
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The reason why I said this is that EU is in stagflation ( stagnation and inflation). This means less consumption of everything.
MGom MGom
MGom 1 hour ago
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Probably lets's retest 194.40 area again
Robin Tordoff
Robin Tordoff 1 hour ago
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RC looks set to take out all pivots since 94
Viriato Magalhaes
Viriato Magalhaes 1 hour ago
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USDA report of June 6th was indeed very interesting. I'll post some of my primitive thoughts after close but here are main points: 1) USDA admitted lower R crop in ES - 21.7mb, roughly 5% decrease vs 2022; 2) projects export in 23/24 of 45.35mb - that shows that all talks about retail demand suffering are nonsense (new record); 3) sees domestic consumption roughly 23mb; 4) sees bearing trees per ha for 23/24 as 3029 (A+R) vs 2794 trees in OFF 2019 (2990 OFF 2021); 5) sees harvested area in 23/24 as 2030k ha vs 2040k ha harvested in 2019. Thus, there was no increase in harvested area in 2023 vs 2019 (also 2021) but there was increase in density. On adjusted 2019 density basis of 2794 trees/ha USDA added about 170k ha to productive 2019 area. USDA average bearing trees density for 23/24 also shows that small farms have real weight in Brazilian coffee industry still... :)
Viriato Magalhaes
Viriato Magalhaes 1 hour ago
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(Density vs new area is important issue, because density refers to the same productive areas within the same microclimates and so, if something happen to the area, it will affect added trees in the same manner. And the higher the density is the more precise and expensive the management is and higher risk in a case of pests, fungus, drought, expensive ferts problems...
Viriato Magalhaes
Viriato Magalhaes 1 hour ago
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The fact, that USDA admitted R problems in ES is important - it shows that CONAB doesn't always wrong :) as Maja doesn't. USDA R figure for Brazilian 2023 crop may come more down after harvest - USDA is not complicated with the revisions at all. It may come down for another 1mb or so (or it may not :)). The importance of the fact itself is that after USDA recognised smaller crop, many players will add another mb or so to the equation just in case. And thus, officially there is no R bumper :) at all.)
MGom MGom
MGom 2 hours ago
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Cold weather and holiday in Brazil dictate the short-term pace.
Maks Mars
Maks Mars 2 hours ago
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US jobless claims data what else? Tons of writers here (Coffee Arabica & friends) not aware commodities prices strictly related to DXY lol
To Mas
To Mas 2 hours ago
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short time ;)
Chris Forgione
Chris Forgione 2 hours ago
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Great calls so far Dude!
ShortDude ShortDude
ShortDude 2 hours ago
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Hi Sam? Finally 220$? 🚀
ShortDude ShortDude
ShortDude 2 hours ago
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Spread 4$ and rising.
Keith Moore
Keith Moore 2 hours ago
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I don't know about 220 but I called 195 when I got in last week at 175... those posts got quite a lot of lol's when I called a hurst bottom and said that signal is 80+ %
Rodrigo Faria
Rodrigo Faria 5 hours ago
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I am unable to post links, look for "Notícias Agrícolas":*Climatologist Luiz Carlos Molin draws attention to frost with severe intensity predicted between June 16th and 20th, in addition to three more episodes of intense cold and late frost*
ShortDude ShortDude
ShortDude 3 hours ago
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17th and in MonteVerde 3C at the coldest moment. Lets see.
Rodrigo Faria
Rodrigo Faria 2 hours ago
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Any talk of frost sets the market on its ears, many years without frost and many people new to the coffee business who have never experienced this setback have lost their underpants around here.
Ronan
Ronan 17 hours ago
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55 million bags in Brazil. nothing but that.
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Ronan
Ronan 2 hours ago
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MGom MGomWe can see that the market does not trust the USDA report
Rodrigo Faria
Rodrigo Faria 2 hours ago
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I don't think they're worried about USDA right now.
Rodrigo Faria
Rodrigo Faria 2 hours ago
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With 55 or 66 million the offer is tight (see article by Eduardo Cavalhares in "Redepeabirus" where he talks about supply and demand), and many are looking far in advance for the cold weather.
Ronan
Ronan 1 hour ago
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Rodrigo FariaThe main thing is that we don't have Coffee from previous years, very low stocks, we can see from exports, 3 years in a row of low production
MGom MGom
MGom 1 hour ago
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I understand your profile @Ronan... market doesn't trust the biggest department of agriculture in the world, a joke
 
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