Dried bean supplies and lack of policy permeate more food inflation down the country spine

A national declining crop area stagnated production, and increased exports with simply no regulatory stocks by the Government are bringing steep prices for the Brazilian consumer. This, to a large extent, partially explains the problem that the country has been facing, about high food prices and inflation, as the beans compose the basic basket and respond to most of the typical cuisine in Brazilian households. Paraná state, one of the key producers, issues with climate to negatively affect, which jeopardized crop yield for the late harvest caused by water deficit. The country also sees an 8% reduction from 20/21 to now—closing with 890 thousand ha nationwide. It is worth mentioning that the government had 2.4 million hectares in the '70s. March-April harvest is expected to resume positively for the export side with good margins for the farmer.