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La Niña 2021 and the Coffee Market

#NOAA recently updated the forecast for #LaNiña to 70-80% chance for this season, depending on how this unfolds will determine the extent of the impact on the global #coffee #futuresmarket. The key point is that La Niña is often associated with cooler temps and dryness in #Brazil which could be a MAJOR problem for the #coffeemarket.

In the paragraphs that follow, I will outline how the El Niño/La Niña phenomenon impacts coffee, what the #forecast shows and what we need to watch for in the 2021/22 coffee year.

Commodity Meteorologist David Streit explains La Niña and what it means for the coffee market

What is El Niño/La Niña and what is the impact on coffee?