Coffee: understand the recent impacts of El Niño in Brazil

Published 2024년 2월 14일

Tridge summary

El Niño has caused record temperatures and irregular rainfall in Brazil's coffee-producing regions in Q4 2023, leading to uncertainty for the 24/25 harvest. Despite water reserves maintaining average levels, the outlook for 2024 is uncertain due to below-average rainfall. The Cerrado region and Espírito Santo have seen rainfall levels 30% below normal. These conditions could impact the coffee market, but some demand indicators suggest optimism. The article also notes varying trends in different regions and a recovery observed in early January.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

• El Niño impacted coffee-producing regions in Brazil in the fourth quarter of 2023, causing unprecedented temperatures and irregular rainfall, increasing uncertainty regarding production of the 24/25 harvest. • In southern Minas Gerais, record temperatures persisted even as El Niño subsided in early 2024, presenting continued challenges for coffee cultivation. Still, water reserves helped maintain average levels at the end of the year. • The Cerrado faced low rainfall and high temperatures in 2023. As 2024 began, optimism waned as accumulated rainfall levels were reported to be 30% below normal, setting a less optimistic tone for the next harvest cycle . • Espírito Santo, strongly impacted by El Niño, faced high temperatures and minimal rainfall records until the end of 2023. Concerns for 2024 are centered on low levels of rainfall, which could harm the 24/25 conilon harvest, despite a slight improvement in early 2024. The coffee market faced climate anomalies in the last quarter ...

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