#COFFEE Certified Stock in Ports and Warehouses down -1.3% w-o-w, -3.9% YTD and up 43% YOY
Managed money open interest -46K contracts, down -10K in a week.
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#COCOA Certified Stock in Ports and Warehouses down -1.1% w-o-w, up 78% YTD and 39% YOY
Brazilian farmers hold out for higher #coffee prices
Brazilian coffee farmers see current prices as insufficient to cover costs and have no intention of selling at the moment, despite a looming record crop, producers and market experts told Reuters.
https://af.reuters.com/article/commoditiesNews/idAFL8N1QD3AH
https://af.reuters.com/article/commoditiesNews/idAFL8N1QD3AH