The Brazilian market maintains stable prices with growing demand for high-quality beans

Published 2024년 11월 8일

Tridge summary

The Brazilian bean market is experiencing a surge in demand for high-quality beans, with extra beans and slow-browning lots fetching R$270.00 and R$290.00 per bag, respectively. However, concerns over potential harvest issues due to expected rain in São Paulo have slowed down the pace of negotiations. Logistical challenges are also affecting the market, especially in the processing of low-moisture beans. In contrast, the black bean market has seen subdued prices, with a recovery in sales anticipated at the end of the year. Brazilian bean exports for the 2024/25 commercial season have more than doubled compared to the previous season, reaching approximately 216.16 thousand tons, as a strategic alternative for producers facing a weakened domestic market and reduced domestic consumption.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Brazilian bean market began the week with regular activity, with emphasis on the good acceptance of high-quality beans. According to Safras & Mercado analyst and consultant Evandro Oliveira, extra beans, color grade 9, were sold for R$270.00 per bag, while slow-browning lots, grade 9.5, reached R$290.00. This high demand for superior products demonstrates a market focused on quality, although the commercial bean segment has seen limited transactions. Oliveira pointed out that the expectation of rain in São Paulo has generated concerns about possible negative impacts on the harvest, such as stains and sprouting of the beans. So far, more than 10% of the state's bean area has been harvested, but the product is not yet being sold in large volumes, which has restricted liquidity in the market. In Minas Gerais and Goiás, demand has increased slightly, with buyers seeking alternatives due to the momentary unavailability of beans from São Paulo. During the week, demand for ...

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