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----- Original Message -----
From: <dennisconn@xxxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, October 18, 2001 11:55 AM
Subject: Re: [RT] java blues
> Norm,
>
> I agree that cotton looks to have some great potential - I just got
> hung up on coffee. How far back do your records go for coffee prices?
> Do you have a similar inflation-adjusted workup for coffee?
>
> Thanks,
>
> DC,
I have yearly coffee prices back to 1798 and montly back to 1900. I show
the all time low for coffee futures as 4.40 cents on Oct. 5, 1931. Allowing
for a 3% inflation rate for 70 years = 34.84 cents.
Historically,
Norman
>
> --- In realtraders@xxxx, "Norman Winski" <nwinski@xxxx> wrote:
> >
> > Cotton made a low in 1932 at 8 cents. Now Cotton is 31 cents, which
> > allowing for a 3% inflation rate would be equivalent to 4 cents in
> > 1932 dollars. So adjusted for inflation, Cotton is now 1/2 of what
> > it was at its 1932 low.
>
>
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