The Prediction Markets

Peak Severe Drought in Minas Gerais during the Coffee Growing Season?

Closes
May 1, 2027, in 6 months
Traded
$16K
Venues
Polymarket
Prices updated
1 min ago
Share

What the markets expect

Under 5% 25.4%

Next is 40% to 59.99% at 23.5%. Only Polymarket lists this market, so there is no second price to compare.

Under 5% 25.4%40% to 59.99% 23.5%5% to 19.99% 21.2%20% to 39.99% 20.8%60% or more 9.1%

Odds by venue

Fair chance strips out each venue’s built-in margin (its prices add up to more than 100%), then blends the venues by how much has traded there, so the outcomes add up to 100%. Best Yes price is the cheapest ask across venues, and the payout is what a winning $100 stake returns before fees. Open a row for each venue’s contract name, bid and ask, and how closely their rules match.

Prices come from our regular polls of each venue, the oldest 1 min ago. Ages are as of when this page was built.

  • Polymarket
Under 5%
25.4%
Polymarket 33.5%(25.4% fair)polled, 1 min agoBest Yes 52¢ on Polymarket, $100 pays $192 (1.92x)
Polymarket
Contract
Under 5%
Last price
33.5%
Fair, margin removed
25.4%
As of
Polled 1 min ago
Buy Yes
52¢
Sell Yes
15¢
$100 on Yes pays
$192 (1.92x)
Volume
$3K
Trade this on Polymarket
40% to 59.99%
23.5%
Polymarket 31%(23.5% fair)polled, 1 min agoBest Yes 52¢ on Polymarket, $100 pays $192 (1.92x)
Polymarket
Contract
40% to 59.99%
Last price
31%
Fair, margin removed
23.5%
As of
Polled 1 min ago
Buy Yes
52¢
Sell Yes
10¢
$100 on Yes pays
$192 (1.92x)
Volume
$3K
Trade this on Polymarket
5% to 19.99%
21.2%
Polymarket 28%(21.2% fair)polled, 1 min agoBest Yes 33¢ on Polymarket, $100 pays $303 (3.03x)
Polymarket
Contract
5% to 19.99%
Last price
28%
Fair, margin removed
21.2%
As of
Polled 1 min ago
Buy Yes
33¢
Sell Yes
23¢
$100 on Yes pays
$303 (3.03x)
Volume
$3K
Trade this on Polymarket
20% to 39.99%
20.8%
Polymarket 27.5%(20.8% fair)polled, 1 min agoBest Yes 46¢ on Polymarket, $100 pays $217 (2.17x)
Polymarket
Contract
20% to 39.99%
Last price
27.5%
Fair, margin removed
20.8%
As of
Polled 1 min ago
Buy Yes
46¢
Sell Yes
9¢
$100 on Yes pays
$217 (2.17x)
Volume
$5K
Trade this on Polymarket
60% or more
9.1%
Polymarket 12%(9.1% fair)polled, 1 min agoBest Yes 20¢ on Polymarket, $100 pays $500 (5.00x)
Polymarket
Contract
60% or more
Last price
12%
Fair, margin removed
9.1%
As of
Polled 1 min ago
Buy Yes
20¢
Sell Yes
4¢
$100 on Yes pays
$500 (5.00x)
Volume
$1K
Trade this on Polymarket

Who resolves this market

Polymarket
Polymarket resolves via:
UMA optimistic oracle, source: monitordesecas.ana.gov.br

How the odds have moved

The top 3 outcomes on both venues, with the consensus between them. Hover for exact values.

  • Under 5%
  • 40% to 59.99%
  • 5% to 19.99%

Order books

Each venue’s resting orders for the selected outcome’s Yes contract, side by side. Top of book streams live; depth refreshes every 15 seconds.

Top of book

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Best ask
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Depth · top 8 levels

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Recent trades

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What your stake buys

Enter a stake to see where it buys the most after fees, using each venue’s live order book.

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Buys at the asks resting now (taker orders), cheapest after fees first, from order-book snapshots up to 15 seconds old. Fees: Kalshi 0.07 × price × (1 − price) per share, rounded up to the cent; Polymarket 0.05 × price × (1 − price) per share (other / general rate). Fee calculator. Estimates only, not advice.

About this market

Live prediction market odds for "Peak Severe Drought in Minas Gerais during the Coffee Growing Season?". Under 5% leads at 25.4%. Next is 40% to 59.99% at 23.5%. $16K has traded across 5 outcomes on Polymarket. The market is expected to resolve by May 1, 2027.

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.

Questions

What does the consensus price mean?

It is the price of a Yes contract that pays $1 if the outcome happens. A 14¢ price means traders put the chance near 14%. Where two venues list the same outcome, we blend their last prices, weighting the venue with more trading volume more heavily (neither counts for less than a quarter). When only one outcome can win, each venue’s prices add up to a little over 100% (its margin); the fair chance removes that margin so the outcomes add up to exactly 100%.

How is the payout worked out?

A Yes contract pays $1 if it wins, so at the best ask a $100 stake buys 100 ÷ ask contracts. At 18¢ that is about 555 contracts, paying $556 (5.56x) if Yes happens. Venue fees and price slippage on larger orders are not included.

Why do the venues show different prices?

Each venue has its own traders, fees and order book. Contracts can also settle on slightly different terms, which is why each row lists how closely the rules match.

Is a price gap an arbitrage?

Only when you can buy Yes on one venue below what someone pays for Yes on the other, after fees, and both contracts settle the same way. We show the executable bid and ask so you can check.

How fresh are these prices?

Venue prices refresh every few minutes, and the order book and live quotes stream continuously. Each venue’s card shows when we last observed it.

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