ARGENTINA: Curent crop quality doubtful, new crop’s fear of La Nina; bullishBREAKING NEWS ↑  

Current crop 2017 market, reached bottom we believe, pricing depending on the quality level; substantial differential between grade A and grade B, fear of mold, AFLA and high FFA. New crop 2018 is looking good until now, market fears effects of drought from La NIna climatic influence. To follow carefully; in our view market has reach bottom : USD 1’400 for blanched 40/50 2018 crop