<\/p>\n\n\n\n
The end of\nthe harvest increased the available supply and facilitated business. Moreover,\nhigh prices also contributed to the good performance. Between late August and early\nSeptember, supported by the rally on ICE and high dollar, good cup exchanged\nhands at BRL 605 to 610 a\nbag in the south of Minas and Mogiana, repeating the level reached in April,\nbefore the beginning of the crop and when the dollar flirted with the level of\nBRL 6.00. With the best coffees around BRL 600 a bag, it is natural that\nthere is a greater interest in sales, which boosted the business flow. It is\nworth noting that cherry coffee exchanged hands above BRL 700 a bag. And the demand for\ncertified batches and fine coffees has also sharply grown, offsetting the\nshortage of milds cups. <\/p>\n\n\n\n
Thus, the\nflow of business remained very intense, which resulted in a strong volume committed\nby growers. The sales of weaker cups were also active, but a less intense pace.\nAnd it was not more aggressive due to the logistical bottleneck, with crowded\nwarehouses and lack of available trucks, which has led trading companies to\nhold their purchases a little or postpone deliveries.<\/p>\n\n\n\n
In other\nwords, the pace of business remains very fast. The monthly survey by SAFRAS\nindicates that until September 8, the commitment of the 20\/21 crop by growers\nreached 60% of production. A very fast selling flow compared to the same period\nlast year, when sales reached 47% of the expected output, also well above the 5-year\naverage for the period (45%). Arabica stands out with 63% of production\nnegotiated (including forward sales, exchanges, and negotiations in the physicals).\nIn the same period last year, sales hit 47%, and the average for the last 5\nyears is 43%.<\/p>\n\n\n\n
Conillon\nsales reach 55% of production, against 48% in the same period last year and 52%\non the 5-year average. The high dollar keeps stimulating exports and guarantees\nprice support, which explains the good sales flow.<\/p>\n","protected":false},"excerpt":{"rendered":"
The end of the harvest increased the available supply and facilitated business. Moreover, high prices also contributed to the good performance. Between late August and early September, supported by the rally on ICE and high dollar, good cup exchanged hands at BRL 605 to 610 a bag in the south of Minas and Mogiana, repeating […]<\/p>\n","protected":false},"author":7,"featured_media":9050,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[95],"tags":[103],"commodity":[],"class_list":["post-19086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-highlights-en","tag-coffee-en"],"acf":[],"yoast_head":"\n