Green coffee trader who's into : Engaging in Coffee Value Chain / Fine art of SCM /Accountable International Development / Adlerian Psychology / Saving lives.
NEW! #ICO launches the COFFEE REPORT & OUTLOOK (CRO). Based on a new methodology, this bi-annual report provides an updated snapshot of the coffee years’ production, consumption & outlook, and a meaningful update to the legacy model. #CoffeeBusiness 👉https://t.co/vvoGET6QdP
The 2023 #Commodity Index Rebalance is coming in early January. You'll see BIG index flows in Wheat, Cattle, Coffee, Cotton, Copper, Hogs, and Lead.
How does the rebalancing work?
Index Rebalance Explained | BCOM & GSCI Commodity Indices https://t.co/INgDUalELK via @YouTube
Conab released their forecast for 2022 crop: production of 55.7M bags (38.7 arabica / 16.9 robusta). This slightly below avg of last 3 on-cycle crops (58.3M) and much less than 63M bags of last on-cycle on 2020. An improvement over last year's disastrous crop, but still bullish.
@CoffeeNinjaRyan@PeakTrading It's quite funny how even the most experienced coffee ppl in the Korean coffee industry believe that same myth and this quote is used over and over again every time!
In case you were wondering what happened to #coffeemarket on Friday (or #cocoamarket for that matter)... #USDollar exploded in #Coffee's face.
https://t.co/elfgrVoKhF