Coffee prices have pushed back down on rain forecasts for Brazil, with some areas starting to receive rain this weekend. However, the crop size is still very much uncertain.
Firm Brazilian differentials and the start to slowing in exports, leading to a reduction in stocks, are viewed as mildly supportive.
As noted last week, due to travel within Asia, last week and this week’s report is being combined as a single issue.
J Ganes Consulting is a leading provider of fundamental research geared towards the food, beverage, and textile industries. With a deep understanding of the relevant statistics, J Ganes Consulting expertly synthesizes the data and is able to provide keen insight to readers, framing the information within a historical context that draws from more than three decades of specialized focused in Soft Commodities (sugar, coffee, cocoa, cotton and orange juice). The reports offer a crisp perspective of the most pertinent supply and demand factors that are influencing the market decisions today and for the future. Prior to forming, J Ganes Consulting, Judith Ganes, the founder and President, spent her entire career on Wall Street, working for major investment houses, specializing in commodity research and advisory services for the firms commercial, fund, and speculative accounts. Aside from subscription based research services, J Ganes Consulting also offers risk management seminars to train individuals and corporations to design trading strategies that meet their risk/reward requirements by enabling them to build appropriate positions in futures and options. Judith Ganes currently serves on the Advisory Board of CocoaCompassion and Feneciatrading, with both companies focusing on enhancing the livelihood of (cocoa and coffee) farmers through sustainable production.
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