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iPath Pure Beta Coffee ETN Message Board

  • jabedard jabedard Feb 1, 2013 12:53 PM Flag

    CAFE vs JO

    Any opinions as to which is better and if now is a good entry point. What is the typical cycle for coffee futures? Is it generally two years with the harvest cycle? Articles say prices are low so adding capacity is not economically feasible and demand is up in emerging markets ~ I plan to roll the dice. My thought would be to sell 20% @ 35% increase, 20% @ 50% increase, 25% @ 60% increase & the balance @ 75% increase. Still well below the previous peak.

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    • I prefer JO, has more daily volume.
      Probably not a good entry point now. Do a search for ''coffee crop outlook'' you will find info. on the coming year production outlook which is predicted to be high for a second year. Price will bounce when there will be a bad crop because of the weather. It might take a year or more.
      A better bet right now is cotton (BAL), the uptrend has started and I expect it to continue.

 
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