Brazil reaches new record in surplus bean exports

Published 2024년 11월 18일

Tridge summary

Brazil achieved a record in bean exports, shipping 247 thousand tons in October, valued at US$ 259 million, despite challenges at the ports and increased freight costs. This growth is part of a strategy started in 2010, with investments in developing bean varieties for the foreign market, with successes like green and black mung beans, cowpea, and black beans. However, finding a market for the popular carioca bean remains a challenge. The article also emphasizes the importance of partnerships between producers and exporters, fixed pricing, and educational opportunities for producers to improve their practices and expand international market knowledge.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Brazil recorded a new milestone in bean exports, reaching 247 thousand tons exported in October, a total equivalent to US$ 259 million. This feat, achieved in a year of difficulties at ports and with a significant increase in freight costs, highlights the continued growth of the Brazilian bean sector. The success of exports is the result of a long-term strategy that began in 2010, when Brazil began exporting beans, with a modest value of just US$ 4 million. Since then, institutions such as EMBRAPA, IAC and IDR have invested in the development of bean varieties aimed at the foreign market. Among the highlights are the green mung bean and the black mung bean, which together account for 53.98 thousand tons exported until October. Red and striped beans reached 46 thousand tons. The cowpea, also known as Tumucumaque or Nova Era, has been another example of success in the international market, with 76 thousand tons exported this year. This type of bean, grown in Brazil since 2005, is ...

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