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Coffee Crop Update - Choppy Waters

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Our coffee crop update covers commentary on recent price activity, coffee market forecasts and potential futures and options trading strategies to take advantage of market movements.

The weather in Brazil is still not preferential for a large 2022/23 crop, aiding bullish fundamentals further, but there is a long way to go. Shipments and inventories are starting to fall as we move into a deficit, but the front months are plagued by macro events. Traders need to be patient, but what are the key themes for the market in the next month?

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