Coffee Market Report
According to the latest update from the U.S. Government’s National Weather Service Climate Prediction Centre CPC, the current El Niño conditions will continue to develop and strengthen in the weeks ahead with a 81% chance that the weather event will be one of the strongest on record during the October to December period later this year. This follows an extended period during which sea surface temperatures across the central and eastern equatorial Pacific remained close to long-term averages. Forecast guidance, including projections from the North American Multi-Model Ensemble NMME, indicates that El Niño will prevail through the end of this year and into early 2027.
