Climate in Brazil generates apprehension in the coffee market for the 2024/25 harvest

Published 2024년 1월 13일

Tridge summary

Adverse weather conditions in southern regions of Brazil, specifically Três Pontas and São Mateus, have raised concerns about coffee production. Accumulated precipitation in Três Pontas, Minas Gerais, is 30% below normal, while only 20% of expected rain levels were recorded in São Mateus, Espírito Santo, indicating a more serious situation. The lack of adequate precipitation during this critical development phase could significantly affect yields and pose a significant threat to the 2024/25 harvest.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The coffee market is on alert due to adverse weather conditions in Brazil, specifically in the southern regions of Minas Gerais and Espírito Santo, represented by Três Pontas and São Mateus, respectively. The recent hEDGEpoint Global Markets report highlights that the critical development phase of the 2024/25 harvest is in the spotlight, and current weather conditions are raising concerns among producers. In Três Pontas, Minas Gerais, a crucial area for coffee production, accumulated precipitation from October to mid-December is 30% below normal. This raises serious concerns about possible negative impacts on production. The region is particularly vulnerable due to its significant dependence on precipitation during this crucial phase. In the region of São Mateus, Espírito Santo, despite widespread irrigation, only 20% of expected levels of rain were recorded in the same period, indicating a more serious situation and increasing concerns about coffee production in the area. The ...

Source: CanalRural