U.S.A.coffee port warehouse stocks october 2015 : The Green Coffee Association of the U.S.A. have announced that the countries port warehouse stocks decreased by 168,880 bags or 2.76% during the month of October, to register these stocks at 5,948,228 bags at the end of the month. These stocks do not of course include the in transit bulk container coffees or the onsite roaster inventories, which with an approximate combined U.S.A. and Canadian weekly consumption that is fed by these stocks of 530,000 bags per week, would conservatively have been at least 1.1 million bags.
Therefore if one is to consider the additional unreported stocks and look to end October stocks in North America of at the very least 7.1 million bags, it would have equated to something in the order of 13.4 weeks of roasting activity and still a safe reserve, in terms of the potential for a steady flow of new crop coffees from Brazil and Colombia that are already coming to the market and soon followed, by the new crop coffees from Mexico, Central America, Vietnam and India. Crops that in terms of short term volume availability and competition to find a home, shall tend to limit the possibilities for individual producers to show strong price resistance to the price dictates of the still relatively soft terminal markets.
Therefore if one is to consider the additional unreported stocks and look to end October stocks in North America of at the very least 7.1 million bags, it would have equated to something in the order of 13.4 weeks of roasting activity and still a safe reserve, in terms of the potential for a steady flow of new crop coffees from Brazil and Colombia that are already coming to the market and soon followed, by the new crop coffees from Mexico, Central America, Vietnam and India. Crops that in terms of short term volume availability and competition to find a home, shall tend to limit the possibilities for individual producers to show strong price resistance to the price dictates of the still relatively soft terminal markets.
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