Green Bean Prices Surge 18% WoW During W9 in Neiva's Surabastos Market Due to Heavy Rains

Green bean prices at Neiva’s Surabastos market have surged by 18% week-on-week (WoW) to USD 1.10 per kilogram (kg) due to heavy rainfall disrupting key cultivation areas in Southern Colombia. The resulting supply shortage has driven up prices, creating market volatility that is expected to impact local retailers and consumers. This situation highlights the agricultural industry's vulnerability to climatic events and underscores the need for resilient supply chains to mitigate future disruptions.