I have been talking about coffee futures a lot and looking for an opportunity. This chart follows the futures I have been tracking well and we just broke out.
Brazil's forests were ravaged this past year and I am expecting a perfect storm of dollar weakness and supply chain problems leading to a big spike.
Brazil's forests were ravaged this past year and I am expecting a perfect storm of dollar weakness and supply chain problems leading to a big spike.
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There was another article I read another article a couple days ago mentioning how the robusta been crop in India is hurting as well from drought. This is going to be an epic move.
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And yet ANOTHER coffee article has been posted to Bloomberg mentioning how 2019-2020 will be the largest demand for coffee ever.
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This trade has switched to neutral.
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Looking to buy KC! below $105.
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Its time to get back into this market folks