Personally I don't trade In coffee contracts. But I find it very interesting from a technical viewpoint and I am a real Coffee addict! Always fresh beans, old skool and black of course! The Coffee culture here in the Netherlands is also booming, in every small town here are shops opening specialized in all sorts of Coffee beans. Of course we traded a lot of Coffee historically. I grew up near by one of the biggest Coffee roasting factories in the Netherlands.
Another thing catching your comments coffee is hot right now, look at selling Nespresso coffee capsules (200 or more dollars per pound), several coffee shops opening on every corner, research showing that drinking coffee is good for health. Anyway, it's a consumer market for high, and coffee prices are inelastic, ie, can rise unabated demand may not fall increases demand, say that it is a legal drug. I would send you a chart on U.S. inflation indexed coffee in 1977 due to frost black 1975 prices adjusted for inflation will reach $ 12 per pound. The consumer market was much smaller and much larger inventories.
Now, if you really confirm field trials indicating loss of production in this crop and the next harvest (2015), prices of coffee may explode.
Do not have enough to fuel consumption at 145 million bags stocks.
Sorry for my english, is GOOGLE TRANSLATOR.
The new company--called Jacobs Douwe Egberts will be based in the Netherlands and is expected to have annual revenue of more than $7 billion, the companies said. Mondelez and D.E. Master Blenders boast strong coffee market positions throughout Europe and emerging markets such as China and Brazil.
Your English is fine, mine is not far better. I have a dream for a long time to travel to Brasil, maybe even immigrate in the Future. Nice Climate, Beautiful Women, but that Brazilian Portugese is not an easy language! I am better in math than studying foreign languages.
That Factory what I mentioned earlier, that is Douwe Egberts!! :-)