Cepea, November 17, 2020 – After selling a high volume of arabica coffee from the 2020/21 season between late July and August 2020, when prices were attractive, coffee farmers left the Brazilian spot market, which has been keeping the trading pace slow since mid-September. Some agents had also sold high amounts between late 2019 and the beginning of the harvesting, for delivery between August and September 2020.
In general, these farmers are now focused on the weather, which, so far, has been hampering the development of the 2020/21 crop in many Brazilian regions
Fonte: CEPEA
