Coffee Futures Trader

Wall Street Watchman

2009-10-20T07:20:00.001-07:00

Rain in South East Brazil

2007-10-19T02:15:00.000-07:00

Finally rain in the South East regions of Brazil.Now the question is: how much rain? Will it be enough for an healthy coffee flowering season?The December Arabica Coffe futures contract in NY was hit by a wall of sell stops with speculators reducing their huge position (42K net contracts long as of October 9): I think that during this week sell of speculators could have reduced by at least 10K

Coffe market update, Oct-16

2007-10-15T06:21:00.000-07:00

Last Friday ICE December coffee futures tested again the 140.0 level and finished on a strong note on Brazil dryness worries and lack of Brazilian producers selling pressure due to a Brazil national holyday. Also, Friday evening latest COT report suggested that spec long position are getting close to an all time high. Brazil held one million bags of beans in official stocks as of September,

Coffee Market update for Oct 11

2007-10-11T08:11:00.000-07:00

After Tuesday dip to 1,33 today December ICE Arabica coffee futures rebounded up to 1,39 in the opening session and is hovering around 1,385 at mid session up 3.5% from yesterday. Coffee traders are still closely monitoring weather for Brazil's October blooming: Sao Paulo state could get light rain of up to 3 millimeters this weekend, Northern Parana 6 millimeters this weekend with more on

Coffee market update 10-oct

2007-10-10T05:20:00.000-07:00

Arabica coffee futures fall yesterday as speculators took profits and the market run into trailing sell stops ater December failed to reach a target at $1.41 on Monday. Growing uncertainty abou the weather forecast and hence over the size of the next harvest are the key factors determining the market direction. Weather conditions remain dry, while the forecast calls for some light showers over

Coffee market action Oct-8

2007-10-08T11:28:00.000-07:00

NY Arabica Coffee (December) future touched an intraday high of 139.9 and settle at 138.75.The market opened sharply higher and got close to the contract high of 141 but closed in the session's mid-range.San Paulo Arabica Coffee (December) future touched an intraday high of 169.7 getting very close to the contract high of 170 but closed in the session's mid-range around 168.Traders continue to

Brazil Weather in Key Coffee regions

2007-10-08T07:07:00.000-07:00

The lack of rain in the Brazilian coffee regions is worrying Brazilian coffee growers. In South of Minas Gerais, for example, in August never rained. Every day without rain make a tough situation even tougher. Plants situated below 900 metros were unusually flowering in August as consequence of rainy months of June and July and are now badly suffering for the lack of rain. Plants that usually

Brazilian Coffee

2007-10-07T09:50:00.000-07:00

Brazil is the world biggest coffee producer: during Crop year 2006/2007 Brazil produced 42 mios of 60kg green coffee bags. The chart below shows the historical production of Brazil over the last 30 years. Accordingly to the latest CONAB figures Brazilian 2007/2008 crop is estimated at 32,62 million bags. The low Brazilian production of 2007/2008 has contributed to this year global

Coffee futures: an historical perspective

2007-10-06T06:35:00.000-07:00

Over the last 20 years coffee supply and demand have never been balanced producing wild prices swing and volatility in the coffee market: below the historical price of the nearby coffee futures contract traded on the NYBOT (Arabica coffee). A situation of oversupply kept coffee

Main Coffee Consuming Countries

2007-10-06T05:38:00.000-07:00

Among Coffee importers the main consuming Countries are USA, Germany, Japan and Italy.Dynamics of coffee consumption and imports in tose countries are very important to assess world coffee demand trends.

2006 Coffee production

2007-10-06T05:32:00.000-07:00

Most reliable source of information for coffee fundamentals is the International Coffee Organization (ICO). Accordingly to ICO official figures the 2006 World Coffee Production was 121 million bags (60Kg each). The main producer was Brazil (42,5 million bags) followed by Vietnam (15 million bags) and Colombia (12 million bags). The chart below shows the 2006 production breakdown by producer.

Coffee Introduction

2007-10-05T07:58:00.001-07:00

Coffe is flowering native to subtropical Africa and southern Asia. Seeds of this plant are the source of a stimulating beverage called coffee. The seeds are called "beans" in the trade. Coffee beans are widely cultivated in tropical countries in plantations for both local consumption and export to temperate countries. Coffee ranks as one of the world's major commodity crops and is the major