On-the-Ground Updates

Brazilian common bean prices changed direction and ended December in downward move

Dried Common Bean

Brazil

Market & Price Trends

Rene Barreto

Published Jan 4, 2021

After three consecutive monthly rises, common bean registered a sharp rise fall in the Brazilian market, down 8.8% in November, according to SEAB/PR Institute.

On YTD it appreciated 36.8%, overcoming the Brazilian currency devaluation of 28.5%, yet remaining among the least appreciated cereal/grain crops in the year.

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