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\nCOFFEE??<\/h2>\n
COFFEE??<\/h2>\n<\/div>\nFrom Hightower report:<\/div>\n<\/div>\n<\/div>\nDAILY COFFEE COMMENTARY7\/22\/2021\u00a0Frost damage significant; temps well below expectations\u00a0(29) Another cold night for Brazilian Arabica growing areas added to this week’s frost damage, and that gave a significant boost to the coffee market as it is likely to further reduce their upcoming 2022\/23 “on-year” coffee crop. Brazilian coffee trees have dealt with very dry conditions since the second half of 2020 and may have another La Nina to contend with later this year, so there was little room for any additional negative weather conditions.\u00a0There is an increasingly strong case for coffee\u00a0prices to climb above the 200.00 level. While it was highly unlikely before this week that it would approach the output totals seen in the last 2 “on-year” crops, Brazil’s 2022\/23 Arabica production may be heading for their lowest “on-year” Arabica production since the 2014\/15 season.<\/div>\n<\/div>\n<\/div>\n<\/div>\n\nNear-term support for September\u00a0coffee is at 180.00 and 176.90, with resistance is at 188.10 and 195.00<\/div>\n<\/div>\n<\/div>\nDaily Chart for your review below. CLICK for LARGER Image<\/a>. The market has provided multiple buy signals since early April.<\/div>\n<\/div>\n![\"Coffee](\"https:\/\/files.constantcontact.com\/3dc00ef7001\/9259d71b-0524-484f-ac97-ad7c5b4d3365.png\" "\\"Coffee")
<\/div>\n<\/div>\nGood Trading<\/strong><\/h3>\nTrading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0 You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.<\/p>\n
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Futures Trading Levels<\/strong><\/h3>\n7-23-2021<\/strong><\/p>\n![\"\"](\"https:\/\/files.constantcontact.com\/3dc00ef7001\/7de794c0-f345-44a3-a9ad-0892c2b049fb.png\" "\\"\\"")
<\/div>\n<\/h3>\nEconomic Reports, source:\u00a0<\/strong><\/h3>\n
From Hightower report:<\/div>\n
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DAILY COFFEE COMMENTARY7\/22\/2021\u00a0Frost damage significant; temps well below expectations\u00a0(29) Another cold night for Brazilian Arabica growing areas added to this week’s frost damage, and that gave a significant boost to the coffee market as it is likely to further reduce their upcoming 2022\/23 “on-year” coffee crop. Brazilian coffee trees have dealt with very dry conditions since the second half of 2020 and may have another La Nina to contend with later this year, so there was little room for any additional negative weather conditions.\u00a0There is an increasingly strong case for coffee\u00a0prices to climb above the 200.00 level. While it was highly unlikely before this week that it would approach the output totals seen in the last 2 “on-year” crops, Brazil’s 2022\/23 Arabica production may be heading for their lowest “on-year” Arabica production since the 2014\/15 season.<\/div>\n<\/div>\n
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Near-term support for September\u00a0coffee is at 180.00 and 176.90, with resistance is at 188.10 and 195.00<\/div>\n<\/div>\n
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Daily Chart for your review below. CLICK for LARGER Image<\/a>. The market has provided multiple buy signals since early April.<\/div>\n
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<\/div>\n<\/div>\nGood Trading<\/strong><\/h3>\n
Good Trading<\/strong><\/h3>\nTrading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0 You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.<\/p>\n
<\/p>\n
Futures Trading Levels<\/strong><\/h3>\n7-23-2021<\/strong><\/p>\n<\/div>\n<\/h3>\nEconomic Reports, source:\u00a0<\/strong><\/h3>\n
7-23-2021<\/strong><\/p>\n<\/div>\n<\/h3>\n
Economic Reports, source:\u00a0<\/strong><\/h3>\n
![\"\"](\"https:\/\/files.constantcontact.com\/3dc00ef7001\/a6282348-bebf-4b32-b703-8733c99ee8d4.png\" "\\"\\"")
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