Fomenka

Long-awaited trade in coffee

Long
OTC:JJOFF   Barclays Bank PLC
With Amazon rainforests on fire causing an outcry among international powers we can expect more stringent controls on legal/illegal farming. Coffee prices appeared to have bottomed out. Certainly a good moment to long this market. Unfortunately, I do not have access to coffee futures (or the spread is ridiculous) so I will try longing the market with JJOFF ETF.

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