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ICE US Coffee C Futures - Jul 24 (KCc2)

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192.95 -2.25    -1.15%
05:49:00 - Delayed Data. Currency in USD ( Disclaimer )
Type:  Commodity
Group:  Agriculture
  • Prev. Close: 195.20
  • Open: 194.10
  • Day's Range: 192.15 - 194.50
US Coffee C 192.95 -2.25 -1.15%

US Coffee C Futures User Rankings

 
Ranking of users according to the performance of their sentiments for the US Coffee C Futures.
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US Coffee C Futures Discussions

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Ian Ngonda
Ian Ngonda 54 minutes ago
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is the 150 in 15 days bet still alive?
Coffee KC
Coffee KC 41 minutes ago
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Well all the smart and big boys here at the forum had no guts to bet...now they probably eat their tounghs they did not bet.....;)
Coffee KC
Coffee KC 40 minutes ago
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Sam Houston, the self claimed guru started getting long at 195...soon he will cry
MGom MGom
MGom 1 hour ago
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Rain, rain and rain....anywhere with coffee plants, always miraculous
ShortDude ShortDude
ShortDude 1 hour ago
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Still, these are more predictions than real rains. I'm watching Vietnam and so far the rains are avoiding the coffee regions. The next 5 days are expected to be the same.
To Mas
To Mas 1 hour ago
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reversal day
Ian Ngonda
Ian Ngonda 1 hour ago
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im so short!!
Lordi Twardogóra
Lordi Twardogóra 11 hours ago
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Tomorrow another -5% any opinion ?
ShortDude ShortDude
ShortDude 12 hours ago
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Viriato, SL may unfortunately be needed tomorrow.
Viriato Magalhaes
Viriato Magalhaes 10 hours ago
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I am fearful and always have SL in place. I got stopped out of my 1/4 with a minor loss and rebuilt at 195. I was fine on the way up but closed the balance around at 230 as stoch produced a signal (for me:)) so, I just observed the drop, the drop was obvious as the attempt to retest 200 level. It may go lower for sure - nobody knows... On 1h stoch is gonna make 4th :) buy signal and on daily it is really really oversold. In the end of today's session some real volume was trading but produced little move. My zone currently is 190 - 195. Reversal or bounce - remains to be seen, but even bounce can surprise !!!
Viriato Magalhaes
Viriato Magalhaes 10 hours ago
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The fact that Vietnam got rains will unlikely provide increase in production. While dealing with the drought it is normal, that real damage can be evaluated post harvest so, we have to pay attention to the reports and see if any increase will be shown. In current situation NO increase is not as bad as reduction for sure, but it is still bad. 50% of the market are specs so, it's fine that they liquidate when indicators say doing that. For myself, I assume that if I see it correctly (can be wrong) they will buy back with the same speed or even faster.
Sam Houston
Sam Houston 14 hours ago
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who got burnt past 3 weeks? be honest. the forum was all bulls and cheerleaders (i.e. farmers)
ShortDude ShortDude
ShortDude 13 hours ago
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It falls almost like ADA from 0,8$
Sam Houston
Sam Houston 12 hours ago
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ada is much worst unfortunately.. the saving grace is no leverage in ada.. bit futures are leveraged
ShortDude ShortDude
ShortDude 12 hours ago
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The project appears to be dead.
Sam Houston
Sam Houston 11 hours ago
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dead I'm terms of price chart. but very alive in terms of development. they have the technology, the community, need users to start climbing now
ShortDude ShortDude
ShortDude 56 minutes ago
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I have always been skeptical of reports of extraordinary activity by ADA developers. The difficult software language plus slow development say otherwise.
Sam Houston
Sam Houston 14 hours ago
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who.got rekt in past 2 or 3 weeks? be honest. forum was all bulls and cheerleaders (ie. farmers)
sharp madoff
sharp madoff 18 hours ago
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mission accomplished, loading
Show previous replies (6)
Viriato Magalhaes
Viriato Magalhaes 16 hours ago
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It seems that even toughest ones left at the end :) !
Viriato Magalhaes
Viriato Magalhaes 16 hours ago
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If nothing changed, India is 5th R producer globally, no increase but some (not necessarily big) reduction expected. Remaining 4 from top 5: Uganda, No. 4 - some areas suffered floods recently (together with Kenya and Tanzania), Indonesia, No. 3 - was not optimistic, ES(BRL) - No.2 - nobody knows, not 30% but 5-10% of reduction was in the cards for months as I got from the coverage, Vietnam - also suffered a bit, thought got some rains back :). All reports are out in May, BRL may be around June 10th or also in May. First Frost Fear usually starts around June 10th. May be this year it's gonna be different as warm weather is still hanging around...
Viriato Magalhaes
Viriato Magalhaes 15 hours ago
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If to consider global consumption being about 170mb in 2020 and to consider annual growth of 1.5%, then 2021+22+23+24 roughly 2.5mb/y x 4y = 10mb :). By USDA, in 2020/21 (BRL last record crop) world consumption was roughly 165mb, production - 175mb. And from WM&T report at the time, reflecting drought impact on A in Brazil: Brazil production is forecast down 13.6 million bags to 56.3 million compared to the previous year. Arabica output is forecast to drop 14.7 million bags to 35.0 million due to lower yields from the off‐year, drought, and high temperatures. The Robusta harvest is forecast to continue expanding to reach a record 21.3 million bags, up 1.1 million. Despite lower output, consumption is expected to continue rising to a record 23.7 million bags.
Viriato Magalhaes
Viriato Magalhaes 15 hours ago
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Make the OFF responsible for 15/20 percent and remaining 10/15 percent falls on drought and high temps. Just to underline, that 5-10% reduction, based on real drought and high temps is nothing out of the range... And note, already in 20/21 domestic consumption in Brazil was projected almost reaching 24mb ! Thus, 23 - 24mb number for Brazil for a current/next year should not be viewed as a shocking. Unlikely people stopped drinking coffee in Brazil :)...
ShortDude ShortDude
ShortDude 13 hours ago
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A lot of new bags on ICE, backwardation will disappear.
Hemanth Hem
Hemanth Hem 19 hours ago
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please answer me arebica price increase in this month....??
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Coffee Arabica
Coffee Arabica 18 hours ago
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Hemanth Hem yesterday
Hemanth Hem
Hemanth Hem 18 hours ago
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what
Fudbal Fudbalko
Fudbal Fudbalko 17 hours ago
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change diler
Coffee Arabica
Coffee Arabica 17 hours ago
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Hovik Odabashyan
Hovik Odabashyan 17 hours ago
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Viriato Magalhaes
Viriato Magalhaes 20 hours ago
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USDA posted India annual report. No drop/increase for 24/25 MY projected, roughly, R = 4.6mb vs 4.6mb MY23/24, A = 1.4 vs 1.4mb MY23/24. USDA projected rise in consumption roughly 2% :) and admitted that R yield is expected to drop about 2% and A yield - about 3%, R area to increase 1%. USDA: With the severity of high temperatures and absence of blossom showers, coffee output and yield during the next crop year is likely to be negatively affected. The blossom showers and backing rains are the most critical aspects that govern flowering and productivity in coffee.
Viriato Magalhaes
Viriato Magalhaes 20 hours ago
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Simple take of the report: 1) No increase on rising consumption; 2) real weather issues admitted; 3) assuming India domestic roughly 1.5mb, 2% increase is 30kb; 4) Currently projected reduction in production - 135mb; 5) -135 - 30 = -165mb. Also: 1) as it was seen when Brazil had drought 20/21, it is hard to give meaningful figures before the harvest, as not just quantity but size of the beans matters; 2) Before the harvest nobody projected for Brazil the drop it suffered (was stated:)) because of the last drought, being of the size, that was finally considered post harvest :); 3) from 2% to 5 - 10% the distance is not big, 5% of 6mb = 300kb, 10% - 600kb. To summarize: USDA currently projects that it's gonna be no bigger production vs previous MY and some reduction is expected. Is it positive for R ? :) (A is in decline in India for years...)
Shashi Belame
Shashi Belame 20 hours ago
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Alex Cataldo
Alex Cataldo 17 hours ago
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I don't believe superficial reports on consumption increasing when the two biggest dogs in the yard, starbucks and lavazza, have already stated per cup consumption is down considerably. Segafredo who is also a big player is also selling and is looking to finalize that sale by the end of the year. That right there is pointing to a consumption decline. Big companies don't just come out and say things like this unless there are actual problems.
 
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