By Marvin G. Perez
(Bloomberg) --
Brazil’s coffee regions may experience cooler-than-normal conditions from May through July, during the southern hemisphere winter, though this doesn’t mean a repeat of the devastating frosts and freezes seen last year, World Weather Inc. President Drew Lerner says during industry event.
The indications for cooler readings come from what’s known as the solar minimum activity, cycles when sunspot and solar flare activity diminish, which is currently the case
When that happens, Brazil, the biggest coffee producer, tends to have a cooler bias, creating “the potential for conditions to induce” below-normal readings, he said during a virtual event organized by the National Coffee Association
Meantime, warming waters in the Pacific are signaling the second La Nina event in two years could be over by May, though it could extend; the phenomenon brings drier weather to Brazilian crops, and very wet outlook in Colombia
Arabica coffee futures surged more than 80% in the past year, largely because drought and devastating frosts and freezes slashed 2021 Brazilian output and curbed prospects for 2022
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