In this episode of Futures Measures, Pete analyzes the global coffee markets, as well as the impact on global currencies
Recent reports indicated that there had been a drop in coffee production. However, production output looks set to grow, which could certainly depress coffee prices in the near future.
However, there are still several unknowns in the global coffee markets, especially with the economic and climate situations in Brazil and Columbia.
Given the recent political turmoil in Brazil seems to be ending, there could be some future stability and upside in the Real.
With the uncertainty of both coffee and the Real, it's hard to justify getting long either right now, but it's an intriguing market with plenty of future potential.