Spreadpocalypse Now

Recently a #coffee researcher friend of mine and I were discussing one of the key topics driving the #coffeemarket today: the disastrous #certifiedinventory and its dramatic impact on #calendarspreads.

In this article, I will discuss the current "spreadpocalypse" the #inverted calendar #structure in the market, why I think we may be in the worst of it right now, and how I anticipate this to play out over the coming months.

If you are less confident in your #commodity futures knowledge, don't worry, I explain how calendar spreads work and how its related to certified inventory below, but if you are more experienced you can skip right to the juicy bits at the end where I discuss the spreadpocalypse and predictions.