date:May 26, 2016
We disagree with the wires overstating the dry weather there, as we hear of good growing conditions.
For India too, the bank said it was a little more optimistic than the market, forecasting a robusta coffee crop of 3.5m bags for 2016-17, which is only 10% below the six-year average.
Cotton optimism
Cotton was among the few ags in which Rabobank was more upbeat than investors, sticking by expectations of New York prices standing at about 70 cents a pound in a years time, some 10% above the