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ICE US Coffee C Futures - May 25 (KCc6)

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210.55 -1.00    -0.47%
- Delayed Data. Currency in USD ( Disclaimer )
Type:  Commodity
Group:  Agriculture
  • Prev. Close: 210.55
  • Open: 208.80
  • Day's Range: 208.40 - 211.60
US Coffee C 210.55 -1.00 -0.47%

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US Coffee C Futures Discussions

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Viriato Magalhaes
Viriato Magalhaes 5 hours ago
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Took it from Ryan Delany twitter, he's citing last ICO data: "cumulative global coffee export of roughly 13mb in March is +12.7 percent mom and +8 percent yoy, making it 5th consecutive month out of 6 so far in 23/24 of above average global coffee exports."
Viriato Magalhaes
Viriato Magalhaes 5 hours ago
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Consumption should be OK then :). And/or stocks rebuilding (will see ECF report:)). At existing prices ... (Average export price per bag can be found at Cecafe site :)).
Viriato Magalhaes
Viriato Magalhaes 4 hours ago
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In its Dec report USDA projected global exports in 23/24 as of 142mb (in its Jun report projection was 146mb but got revised in Dec).
Fudbal Fudbalko
Fudbal Fudbalko 11 hours ago
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Bad,200 target soon...
Bruno O Souza
Bruno O Souza 8 hours ago
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Really?
Fudbal Fudbalko
Fudbal Fudbalko 8 hours ago
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Bruno O Souza
Bruno O Souza 6 hours ago
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When?
Fudbal Fudbalko
Fudbal Fudbalko 6 hours ago
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Bruno O Souzasoon.Ask Nostradamus
Ryan DeLoach
Ryan DeLoach 12 hours ago
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Funds aren’t done dumping their longs…
Ryan DeLoach
Ryan DeLoach 12 hours ago
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New day? Keep selling is their mentality
Coffee Arabica
Coffee Arabica 11 hours ago
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Ryan DeLoach, thanks Ry
MGom MGom
MGom 23 hours ago
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but wouldn't there be a lack of coffee in Brazil? Small 23/24 harvest and no carryover stocks? What happened to such a large volume exported from Jul23 to Apr24?
Bruno O Souza
Bruno O Souza 8 hours ago
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Forget about Brasil, the problem now is Vietnam, we are having disponibilities issue, and robusta now is big part of the world coffee blend
Bruno O Souza
Bruno O Souza 8 hours ago
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Also if the coffee in Brasil was enough to suply the market, why is still above 2.15?
Sam Houston
Sam Houston Apr 30, 2024 7:13PM ET
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about 2 weeks ago, price hit 3 per bag in many markets.... so expect lots of supply
Sam Houston
Sam Houston Apr 30, 2024 7:13PM ET
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300
Sam Houston
Sam Houston Apr 30, 2024 7:05PM ET
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hi ❤️
Roberto Tavelli
Roberto Tavelli 12 hours ago
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213 is here, I thinking to go outside.
Viriato Magalhaes
Viriato Magalhaes Apr 30, 2024 4:18PM ET
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Cecafe for today, certs: A - 3.51mb, R - 717kb vs shipped A = 3.105mb, R = 847kb in March. Demand is doing just fine ! :) :) :)
Show previous replies (9)
Viriato Magalhaes
Viriato Magalhaes 9 hours ago
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Cooxupe also confirms early harvesting and some anomalies within cycle, no worries about the crop in their area expressed.
Viriato Magalhaes
Viriato Magalhaes 7 hours ago
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Short Dude. This is from NOAA: This was especially the case in Africa and South America, which had the warmest March in the 1850-2024 NOAA/NCEI record. South America had the second driest March and driest January-March (year to date) in the 1940-2024 ECMWF ERA5 analysis, and southern Africa ranked driest on record for January-March. SE Asia: These same areas were dry on the 2- to 6-month SPI maps, with the dryness in Southwest Asia increasingly more severe.
Viriato Magalhaes
Viriato Magalhaes 7 hours ago
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Karnataka drought was mentioned as once in 30 - 40 years... Drought in the big area is not the same as at specific farm(s), but unlikely anybody will consider, that in such circumstances Karnataka will produce more coffee :). But Karnataka is about 70% of Indian coffee or so... Nobody knows, but as soon as USDA reports will start coming out, effect may be felt :)...
Viriato Magalhaes
Viriato Magalhaes 7 hours ago
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Karnataka has 240 taluks (districts), 223 of them declared drought, out of which (223) 196 were considered having severe drought. Extent is not known at the moment in relation to coffee farms, but some farms should get affected to some extent and so, total crop should be smaller, may be for a bit, but smaller. And here may be a hidden confusion :) :) :): what if it's not gonna be a bit smaller :), but kinda bigger than that ? And what if multiplied by all affected (by weather stations data) origins ? :) :) :)
Viriato Magalhaes
Viriato Magalhaes 7 hours ago
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To some extent drought impacted (geography wise:)) practically all African origins if to believe open sources :). Africa produces about 20mb :).
Ryan DeLoach
Ryan DeLoach Apr 30, 2024 3:28PM ET
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Again, you can feel the rugpull before it happens. Robusta running out of steam, Arabica struggling to keep a bid, funds fairly long. Rally is over. It was a good run (sort of).
Viriato Magalhaes
Viriato Magalhaes Apr 30, 2024 3:28PM ET
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Where do you see the price in Sept-Dec 2024 ?
Ryan DeLoach
Ryan DeLoach Apr 30, 2024 3:28PM ET
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No idea (and neither does anybody else). I am confident in where i think the mkt is “trying” to go a few wks at a time. Unless weather data gets worse, arabica is droping below 200 and robusta 3800.
Coffee Arabica
Coffee Arabica Apr 30, 2024 3:28PM ET
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Ryan DeLoachSo it has to go up or down, what about hanging around a level? But you are right, no one knows and sadly weather isn’t always a determinant factor in this commodity…
MGom MGom
MGom Apr 30, 2024 1:23PM ET
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The flowers in Vietnam are the same as in Brazil, just if it rains
Oscar Correa
Oscar Correa Apr 30, 2024 1:23PM ET
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You're right.
Hovik Odabashyan
Hovik Odabashyan Apr 30, 2024 11:59AM ET
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Crazy how people are happy to hear bad news about coffee … sad
Oscar Correa
Oscar Correa Apr 30, 2024 11:59AM ET
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It's sadder to have to sell coffee very cheap because of fake news and dirty tricks while others become filthy rich.
Kenan Hajdari
Kenan Hajdari Apr 30, 2024 11:59AM ET
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I don't think it's bad news finding out there is a lot of coffee. A lot of coffee...
BIG John
BIG John Apr 30, 2024 11:59AM ET
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Pls. explain where "A lot of Coffee" is stored??
Kenan Hajdari
Kenan Hajdari Apr 30, 2024 11:59AM ET
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Hey maya...plz explain:you said there wasn't enough coffee...then we get 6M carryover ?
BIG John
BIG John Apr 30, 2024 11:59AM ET
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U R mistaken me for someone else - would you like to explain yourself and your claim?
 
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