Recent forecasts for Minas Gerais point to above-average September rainfall amid an emerging El Niño, creating uncertainty over peak severe drought during the coffee flowering and early fruit-set window. El Niño often disrupts Southeast Brazil’s typical dry-to-wet transition, favoring concentrated downpours separated by extended veranicos that elevate evapotranspiration and soil-moisture deficits precisely when arabica is most sensitive. Current ECMWF and GFS runs show mixed signals: near-term moisture surplus may limit immediate stress, yet longer-range outlooks flag potential for stronger deficits by October–November. Trader-implied odds clustered near 29 percent for the 20–40 percent and 5–20 percent severe-drought bins reflect this divergence in model ensembles and the historical precedent of compound heat-drought events in prior El Niño seasons. Updated seasonal outlooks and soil-moisture monitoring will be key near-term catalysts.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedPeak Severe Drought in Minas Gerais during the Coffee Growing Season?
Peak Severe Drought in Minas Gerais during the Coffee Growing Season?
60% or more 39%
40% to 59.99% 27%
20% to 39.99% 20%
5% to 19.99% 16%
NEW
NEW
Apr 30, 2027
Under 5%
16%
5% to 19.99%
16%
20% to 39.99%
20%
40% to 59.99%
27%
60% or more
39%
60% or more 39%
40% to 59.99% 27%
20% to 39.99% 20%
5% to 19.99% 16%
NEW
NEW
Apr 30, 2027
Under 5%
$32 Vol.
16%
5% to 19.99%
$0 Vol.
16%
20% to 39.99%
$0 Vol.
20%
40% to 59.99%
$0 Vol.
27%
60% or more
$206 Vol.
39%
This market resolves based on the highest monthly S2+ drought area percentage recorded for the state of Minas Gerais across the 2026/27 coffee growing season.
For the purpose of this market, the "2026/27 coffee growing season" is defined as the six-month window (September 2026 through February 2027) which corresponds to the flowering and bean-development period for arabica coffee in Minas Gerais. This is the crop-development period for the coffee harvested in 2027, and is distinct from the 2026 harvest (typically May–September 2026) and the subsequent shipping and marketing period for that crop. This label is descriptive only; resolution depends solely on the calendar months stated above.
For each month in the window, the S2+ drought area percentage is the percentage of the total area of the state of Minas Gerais classified at S2 (Seca Grave) or a more severe category. This is the value shown in the "S2–S4" column of ANA's "Área Acumulada" (accumulated area) tabular view for Minas Gerais, in the official tabular data published by the Agência Nacional de Águas e Saneamento Básico (ANA). The "peak" is the single highest monthly S2+ drought area percentage across the six months as published by ANA.
This market will resolve once ANA has published an S2–S4 "Área Acumulada" figure for Minas Gerais for all six reference months, or at 11:59 PM ET on April 29, 2027 (60 calendar days after the end of February 2027), whichever occurs first. The resolving value is the highest monthly S2–S4 "Área Acumulada" figure among the reference months for which ANA has published data as of that time, using each month's figure as published by ANA as of that time, inclusive of any revisions ANA has published by then. If ANA has published data for none of the six reference months as of 11:59 PM ET on April 29, 2027, this market will resolve to "Under 5%".
The resolution source for this market will be data published by the Agência Nacional de Águas e Saneamento Básico (ANA), found at https://monitordesecas.ana.gov.br/dados-tabulares?tipo=1&area=31.Recent forecasts for Minas Gerais point to above-average September rainfall amid an emerging El Niño, creating uncertainty over peak severe drought during the coffee flowering and early fruit-set window. El Niño often disrupts Southeast Brazil’s typical dry-to-wet transition, favoring concentrated downpours separated by extended veranicos that elevate evapotranspiration and soil-moisture deficits precisely when arabica is most sensitive. Current ECMWF and GFS runs show mixed signals: near-term moisture surplus may limit immediate stress, yet longer-range outlooks flag potential for stronger deficits by October–November. Trader-implied odds clustered near 29 percent for the 20–40 percent and 5–20 percent severe-drought bins reflect this divergence in model ensembles and the historical precedent of compound heat-drought events in prior El Niño seasons. Updated seasonal outlooks and soil-moisture monitoring will be key near-term catalysts.
This market resolves based on the highest monthly S2+ drought area percentage recorded for the state of Minas Gerais across the 2026/27 coffee growing season.
For the purpose of this market, the "2026/27 coffee growing season" is defined as the six-month window (September 2026 through February 2027) which corresponds to the flowering and bean-development period for arabica coffee in Minas Gerais. This is the crop-development period for the coffee harvested in 2027, and is distinct from the 2026 harvest (typically May–September 2026) and the subsequent shipping and marketing period for that crop. This label is descriptive only; resolution depends solely on the calendar months stated above.
For each month in the window, the S2+ drought area percentage is the percentage of the total area of the state of Minas Gerais classified at S2 (Seca Grave) or a more severe category. This is the value shown in the "S2–S4" column of ANA's "Área Acumulada" (accumulated area) tabular view for Minas Gerais, in the official tabular data published by the Agência Nacional de Águas e Saneamento Básico (ANA). The "peak" is the single highest monthly S2+ drought area percentage across the six months as published by ANA.
This market will resolve once ANA has published an S2–S4 "Área Acumulada" figure for Minas Gerais for all six reference months, or at 11:59 PM ET on April 29, 2027 (60 calendar days after the end of February 2027), whichever occurs first. The resolving value is the highest monthly S2–S4 "Área Acumulada" figure among the reference months for which ANA has published data as of that time, using each month's figure as published by ANA as of that time, inclusive of any revisions ANA has published by then. If ANA has published data for none of the six reference months as of 11:59 PM ET on April 29, 2027, this market will resolve to "Under 5%".
The resolution source for this market will be data published by the Agência Nacional de Águas e Saneamento Básico (ANA), found at https://monitordesecas.ana.gov.br/dados-tabulares?tipo=1&area=31.
For the purpose of this market, the "2026/27 coffee growing season" is defined as the six-month window (September 2026 through February 2027) which corresponds to the flowering and bean-development period for arabica coffee in Minas Gerais. This is the crop-development period for the coffee harvested in 2027, and is distinct from the 2026 harvest (typically May–September 2026) and the subsequent shipping and marketing period for that crop. This label is descriptive only; resolution depends solely on the calendar months stated above.
For each month in the window, the S2+ drought area percentage is the percentage of the total area of the state of Minas Gerais classified at S2 (Seca Grave) or a more severe category. This is the value shown in the "S2–S4" column of ANA's "Área Acumulada" (accumulated area) tabular view for Minas Gerais, in the official tabular data published by the Agência Nacional de Águas e Saneamento Básico (ANA). The "peak" is the single highest monthly S2+ drought area percentage across the six months as published by ANA.
This market will resolve once ANA has published an S2–S4 "Área Acumulada" figure for Minas Gerais for all six reference months, or at 11:59 PM ET on April 29, 2027 (60 calendar days after the end of February 2027), whichever occurs first. The resolving value is the highest monthly S2–S4 "Área Acumulada" figure among the reference months for which ANA has published data as of that time, using each month's figure as published by ANA as of that time, inclusive of any revisions ANA has published by then. If ANA has published data for none of the six reference months as of 11:59 PM ET on April 29, 2027, this market will resolve to "Under 5%".
The resolution source for this market will be data published by the Agência Nacional de Águas e Saneamento Básico (ANA), found at https://monitordesecas.ana.gov.br/dados-tabulares?tipo=1&area=31.
Market Opened: Sep 8, 2026, 4:33 PM ET
Volume
$239End Date
May 1, 2027Market Opened
Sep 8, 2026, 4:33 PM ETResolution Source
https://monitordesecas.ana.gov.br/dados-tabulares?tipo=1&area=31Resolver
0x69c47De9D...This market resolves based on the highest monthly S2+ drought area percentage recorded for the state of Minas Gerais across the 2026/27 coffee growing season.
For the purpose of this market, the "2026/27 coffee growing season" is defined as the six-month window (September 2026 through February 2027) which corresponds to the flowering and bean-development period for arabica coffee in Minas Gerais. This is the crop-development period for the coffee harvested in 2027, and is distinct from the 2026 harvest (typically May–September 2026) and the subsequent shipping and marketing period for that crop. This label is descriptive only; resolution depends solely on the calendar months stated above.
For each month in the window, the S2+ drought area percentage is the percentage of the total area of the state of Minas Gerais classified at S2 (Seca Grave) or a more severe category. This is the value shown in the "S2–S4" column of ANA's "Área Acumulada" (accumulated area) tabular view for Minas Gerais, in the official tabular data published by the Agência Nacional de Águas e Saneamento Básico (ANA). The "peak" is the single highest monthly S2+ drought area percentage across the six months as published by ANA.
This market will resolve once ANA has published an S2–S4 "Área Acumulada" figure for Minas Gerais for all six reference months, or at 11:59 PM ET on April 29, 2027 (60 calendar days after the end of February 2027), whichever occurs first. The resolving value is the highest monthly S2–S4 "Área Acumulada" figure among the reference months for which ANA has published data as of that time, using each month's figure as published by ANA as of that time, inclusive of any revisions ANA has published by then. If ANA has published data for none of the six reference months as of 11:59 PM ET on April 29, 2027, this market will resolve to "Under 5%".
The resolution source for this market will be data published by the Agência Nacional de Águas e Saneamento Básico (ANA), found at https://monitordesecas.ana.gov.br/dados-tabulares?tipo=1&area=31.Recent forecasts for Minas Gerais point to above-average September rainfall amid an emerging El Niño, creating uncertainty over peak severe drought during the coffee flowering and early fruit-set window. El Niño often disrupts Southeast Brazil’s typical dry-to-wet transition, favoring concentrated downpours separated by extended veranicos that elevate evapotranspiration and soil-moisture deficits precisely when arabica is most sensitive. Current ECMWF and GFS runs show mixed signals: near-term moisture surplus may limit immediate stress, yet longer-range outlooks flag potential for stronger deficits by October–November. Trader-implied odds clustered near 29 percent for the 20–40 percent and 5–20 percent severe-drought bins reflect this divergence in model ensembles and the historical precedent of compound heat-drought events in prior El Niño seasons. Updated seasonal outlooks and soil-moisture monitoring will be key near-term catalysts.
This market resolves based on the highest monthly S2+ drought area percentage recorded for the state of Minas Gerais across the 2026/27 coffee growing season.
For the purpose of this market, the "2026/27 coffee growing season" is defined as the six-month window (September 2026 through February 2027) which corresponds to the flowering and bean-development period for arabica coffee in Minas Gerais. This is the crop-development period for the coffee harvested in 2027, and is distinct from the 2026 harvest (typically May–September 2026) and the subsequent shipping and marketing period for that crop. This label is descriptive only; resolution depends solely on the calendar months stated above.
For each month in the window, the S2+ drought area percentage is the percentage of the total area of the state of Minas Gerais classified at S2 (Seca Grave) or a more severe category. This is the value shown in the "S2–S4" column of ANA's "Área Acumulada" (accumulated area) tabular view for Minas Gerais, in the official tabular data published by the Agência Nacional de Águas e Saneamento Básico (ANA). The "peak" is the single highest monthly S2+ drought area percentage across the six months as published by ANA.
This market will resolve once ANA has published an S2–S4 "Área Acumulada" figure for Minas Gerais for all six reference months, or at 11:59 PM ET on April 29, 2027 (60 calendar days after the end of February 2027), whichever occurs first. The resolving value is the highest monthly S2–S4 "Área Acumulada" figure among the reference months for which ANA has published data as of that time, using each month's figure as published by ANA as of that time, inclusive of any revisions ANA has published by then. If ANA has published data for none of the six reference months as of 11:59 PM ET on April 29, 2027, this market will resolve to "Under 5%".
The resolution source for this market will be data published by the Agência Nacional de Águas e Saneamento Básico (ANA), found at https://monitordesecas.ana.gov.br/dados-tabulares?tipo=1&area=31.
For the purpose of this market, the "2026/27 coffee growing season" is defined as the six-month window (September 2026 through February 2027) which corresponds to the flowering and bean-development period for arabica coffee in Minas Gerais. This is the crop-development period for the coffee harvested in 2027, and is distinct from the 2026 harvest (typically May–September 2026) and the subsequent shipping and marketing period for that crop. This label is descriptive only; resolution depends solely on the calendar months stated above.
For each month in the window, the S2+ drought area percentage is the percentage of the total area of the state of Minas Gerais classified at S2 (Seca Grave) or a more severe category. This is the value shown in the "S2–S4" column of ANA's "Área Acumulada" (accumulated area) tabular view for Minas Gerais, in the official tabular data published by the Agência Nacional de Águas e Saneamento Básico (ANA). The "peak" is the single highest monthly S2+ drought area percentage across the six months as published by ANA.
This market will resolve once ANA has published an S2–S4 "Área Acumulada" figure for Minas Gerais for all six reference months, or at 11:59 PM ET on April 29, 2027 (60 calendar days after the end of February 2027), whichever occurs first. The resolving value is the highest monthly S2–S4 "Área Acumulada" figure among the reference months for which ANA has published data as of that time, using each month's figure as published by ANA as of that time, inclusive of any revisions ANA has published by then. If ANA has published data for none of the six reference months as of 11:59 PM ET on April 29, 2027, this market will resolve to "Under 5%".
The resolution source for this market will be data published by the Agência Nacional de Águas e Saneamento Básico (ANA), found at https://monitordesecas.ana.gov.br/dados-tabulares?tipo=1&area=31.
Volume
$239End Date
May 1, 2027Market Opened
Sep 8, 2026, 4:33 PM ETResolution Source
https://monitordesecas.ana.gov.br/dados-tabulares?tipo=1&area=31Resolver
0x69c47De9D...Recent forecasts for Minas Gerais point to above-average September rainfall amid an emerging El Niño, creating uncertainty over peak severe drought during the coffee flowering and early fruit-set window. El Niño often disrupts Southeast Brazil’s typical dry-to-wet transition, favoring concentrated downpours separated by extended veranicos that elevate evapotranspiration and soil-moisture deficits precisely when arabica is most sensitive. Current ECMWF and GFS runs show mixed signals: near-term moisture surplus may limit immediate stress, yet longer-range outlooks flag potential for stronger deficits by October–November. Trader-implied odds clustered near 29 percent for the 20–40 percent and 5–20 percent severe-drought bins reflect this divergence in model ensembles and the historical precedent of compound heat-drought events in prior El Niño seasons. Updated seasonal outlooks and soil-moisture monitoring will be key near-term catalysts.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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