Brazilian coffee is miserable.
This wave of extreme weather has affected the heart of coffee production in Brazil and led to a surge in global coffee prices.
The Brazilian "coffee belt" (coffee belt), which is rich in coffee beans, frost damage was once a nightmare affecting yield. In order to avoid the cold from the South Pole
In recent years, local coffee farmers in Brazil have tried to move their farmland northward to the drier and hotter provinces. However, the coffee farmers who have just fled here
Quickly learned that this year is facing another kind of natural disaster: heat wave.
In the memory of local farmers, the natural enemy of the coffee harvest is the freezing frost. Once the market hears that there is a tendency to frost, international coffee
The price of brown goods will rise sharply by 10% in less than a minute. But January this year was the hottest and hottest in the history of southern Brazil.
A dry month.
The extreme weather has affected the heart of coffee production in Brazil and led to a surge in global coffee prices. Right out of the market.
Futures prices soared 26% in seven trading days to a nine-month high after a massive contraction in Brazilian coffee production due to a hot and dry climate.
The unexpected heat wave disrupted the position.
Generally speaking, January is the wettest month in the Brazilian coffee belt. But the heat wave in Brazil has completely disrupted coffee farmers and is ready to suffer.
The possibility of swallowing huge losses.
Marcio Diogo is a third-generation coffee farmer in Brazil. The heat wave forced him to dig multiple irrigation channels to guide him.
Water flows into agricultural areas to reduce losses. According to his estimate, the heat wave has affected about 30% of his coffee field.
"my grandfather planted coffee trees here 80 years ago," Diego said. Three generations of the family have never seen such a dry and hot January climate. I must
Use tractors to irrigate coffee fields six times a day. In normal weather, I don't need to take this extra step at all. "
The recent dry climate in Brazil has made things worse for coffee farmers such as Diego. In the past two years, the international price of coffee has gone.
The weak pattern. So far, it is not clear whether the recent price increases driven by the dry climate will make up for the lack of output.
For the first time in the history of drought disaster
Celso Scanavachi, an agronomist at the local coffee cooperative Coopinhal, said that the decline in southern Brazil in January this year
The rainfall is only 10 to 12 centimeters, less than half the average rainfall. This year, there is no doubt that it will become a coffee belt in Brazil, after the worst drought.
Disaster year.
Lucio Dias, former sales director of Cooxup, the largest local coffee cooperative in Brazil, said: "it is still impossible to predict the magnitude of the impact.
No one knows whether there is bound to be a loss, or how big it will be, because such a hot and dry climate has never happened before. We are currently driving
In uncharted territory. "
No matter how big the losses are, the world's coffee stocks are unlikely to be completely depleted in the foreseeable future. This is due to the recent large number of international
Coffee stock. In addition, on February 12, in Brazil, a cold air mass was pushed into the southern provinces, and the moisture caused a slight disaster to the crops.
Take it easy.
However, the rainfall is still insufficient, especially in Brazil from January to early February, which used to be the richest season. But now it's March, and the future
The rainfall is unlikely to be higher than it is now.
Although Brazil has experienced drought before, it rarely invades in January. The next period from April to September will be the dry season and future harvest in Brazil.
I'm afraid it will still be full of unknowns.
(responsible Editor:)
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