Global coffee stocks

An interesting clip I just stumbled accross- might pay to delve into this with your brokers. I know here quite a number of the origins I deal with are projecting drops in output again this year.

The world's 2006/07 coffee supply and demand are near a balance, although low carryover stocks in producing countries is "very worrisome," the head of the International Coffee Organization (ICO) said on Friday. "Never before have we seen a situation in which producing countries' stocks are at such low levels," Nestor Osorio, executive director of the ICO, told a coffee industry conference on Friday