Coffee prices surged on the B3 and Nymex on Monday morning.

At 10:10 am (Brasilia time) this Monday (27), the September contract for Arabica coffee traded on Brazilian Stock Exchange (B3) It jumped 3.70%, quoted at US$392.00 per 60 kg bag. The December contract advanced 3.51%, to US$375.00/bag. New York Mercantile Exchange (Nymex)Brazilian coffee futures are in positive territory, with a 6.02% gain for September contracts, quoted at US$332.70/sc, and a 3.89% increase for December contracts, at US$309.65/sc. This morning, the movement reflects the return of the climate risk premium to prices. Despite expectations of a record global harvest in the 2026/27 season, investors have begun to incorporate uncertainties related to the climate for the coming months. At the center of attention is the possibility of the formation of a Super El Niño, a climatic phenomenon that could significantly alter rainfall and temperature patterns in the main coffee-producing regions, affecting crop development and the productive potential of the next harvest.

This text was translated by machine from Brazilian Portuguese.