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Coffee Seasonal Chart

Coffee (NYBOT): (High: May//Low: Jul or Sep-Oct) Weather in the Northern Hemisphere most affects consumption, with weather in the Southern most likely to affect production adversely. Demand strong through European and US cool weather (rally into Sep deliveries). Market prices risk-premium going into Southern Hemisphere freeze season before demand collapses (Jul deliveries) into Northern summer heat.
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Charts courtesy of Moore Research Center, Inc.

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