NASDAQ:DEFT 14 November 2025

May 21, 2026, 1:49 PM EDT. Coffee futures rose sharply as El Niño weather worries threaten Brazil's 2026/27 crop, key information from the US National Oceanic and Atmospheric Administration forecasts an 82% chance of El Niño emergence and a 67% chance of a 'Super El Niño'. Despite recent price declines due to better supply expectations with record-high production forecasts from Brazil and Vietnam, coffee prices gained today with arabica up 1.81% and robusta up 1.92%. Supportive factors include lower ICE inventory levels and reduced Brazilian exports, while geopolitical disruptions like the Strait of Hormuz closure add upward pressure by raising shipping and input costs. These mixed signals underscore market volatility amid global supply concerns.