A discussion about the recent Brazil coffee frosts and why they resulted in massive spec and fund liquation. What's next?
Seasonal bearish factors in Coffee for August helped to wipe out a lot of spec longs. Coffee areas in 1975-1994 were a lot of further south.
Coffee frost for Brazil would have been a big deal 25-40 years ago but too far south of the main coffee zone.
Video Length: 00:03:42
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