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.