Brazil: CEAGESP index fell by 2.6% in February

Published 2021년 3월 5일

Tridge summary

The CEAGESP price index reported a decrease of 2.60% in February, primarily due to a 7.29% drop in fruit prices, despite high dollar prices for imported fruits and good quality domestic harvest. The vegetable sector experienced a sharp price increase, driven by hot climate and heavy rainfall, but this was not enough to significantly boost the Index. The fruit sector is projected to maintain or decrease prices in March, with vegetables possibly facing higher prices due to excessive rainfall and sensitivity to weather conditions. Factors such as uncertainty in emergency aid payment and trade restrictions due to the pandemic crisis could also impact prices.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The main reductions occurred in the prices of foreign william's pear (-31.5%), avocado (-28.4%), gala apples (-28.3%) and pear oranges (-17.0%) and file (-16.1%). The main increases occurred with cashew (44.1%), with tahiti lemon (21.4%), with mango palmer (20.2%), with sweet passion fruit (17.7%) and with mango tommy atkins (17.1%). The vegetable sector registered an increase of 2.28%. The main price increases occurred with the short macaroni pod (50.9%), with green (35.7%), yellow (34.5%) and red (29.1%) peppers, with beet (27 , 0%) and eggplant (22.0%). The main decreases were in the prices of flattened tomatoes (-27.2%) and Italian (-26.5%), dried pumpkin (-18.8%), persimmon tomatoes (-15.7%) and Japanese pumpkin (-13.8%). The vegetable sector showed an expressive increase of 16.20%. The main increases occurred with parsley (90.2%), with leek (35.3%), with cabbage (35.2%), with chicory (33.7%), with curly lettuce (29.0%) and with spinach (26.2%). The greatest decreases ...

Source: Portal Do Agronegocio