Coffee Memo with Rob Stephen
Takeaways * The coffee market is currently experiencing a sideways trading pattern. * Producers are holding onto coffee due to strong financial positions. * There is a large crop expected from Brazil, which may affect prices. * Physical storage issues may compel producers to sell coffee. * Market sentiment suggests prices may drop as supply increases. * Producers are psychologically positioned to wait for better prices. * The coffee supply chain is facing historic lows in inventory. * Market movements can happen slowly and then all at once. * Producers are gambling with their coffee supply until the market changes. Suggest a Topic for Rob [https://www.surveymonkey.com/r/KQHVRMR?utm_campaign=No%20campaign&utm_medium=email&_hsenc=p2ANqtz-9BXupjeDmOFMOArpkHsDM_Y5bGf-HPu_jZmqnbA5zR4RK-QBac0tSPx8mdxAkMShca9C4ayel7AdLUZz43yIvQB4vx2g&_hsmi=385627017&utm_content=385630849&utm_source=hs_email] Part of The Exchange Coffee Podcasting Network [https://www.covoyacoffee.com/podcast] Visit and Explore Covoya! [https://www.covoyacoffee.com/]
20 episodios
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