Green Coffee Report-September 2, 2016

September 9, 2016

Good Afternoon

September coffee closed today at 1.5140, unchanged on the day.  This close marked 11 out of 12 days that the market closed up or flat.  It is up over 1300 points since August 18.

I have attached several articles  about Brazilian coffee, the market in general, and Coca Cola entering the cold brew market.  The Brazilian Real and the Dollar have not materially changed over this time.  The article to which the attach link below directs you could be the reason for the market rise, but I do not think so..  Many traders are perplexed by the big upward movement.

 

https://www.theguardian.com/environment/2016/aug/29/climate-change-predicted-to-halve-coffee-growing-area-that-supports-120m-people?CMP=share_btn_link