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Aug 14, 2003
Boca Raton
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Anybody have a prediction of the coffee market next year? I was speaking to a broker yesterday and he said that Colombians are going to be trouble again next year. He also suggested that I lock in on half my purchases now because its going to get ugly next year. O.K. here is my dilemma...every year I hear that brazil is going to have a bad crop and you need to lock in early and every year the crop is over their prediction. My problem is that this broker has never steered me wrong...have things changed? Should we be worried about the price exploding? Is the sky falling?? I would love to hear others opinions...

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