Super El Nino to deliver $7 coffee shock?

David Llewellyn-Smith

Thursday 6 August 2026

Sometimes it takes a personal angle to attract interest.

I have been discussing the developing super El Niño for a couple of months without anyone taking much notice.

The SOI (within its usual statistical parameters) is predicting a global food disaster.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.