Brazil: Bean harvest returns in São Paulo with favorable conditions

The bean market is showing calm behavior, with a downward trend unless new factors emerge that could influence negotiations throughout the week. This scenario reflects the caution of buyers, who have postponed their purchases in the expectation of more affordable prices. In São Paulo, according to data from CEPEA, the price of carioca beans, grade 9, fell 4%, with the current average fixed at R$260.58. This drop can be attributed to the decrease in demand and the expectation of the harvest. In Goiás, on the other hand, there was a 3.9% improvement in the prices of beans, grade 8, which are now quoted at R$210.39. This positive variation may indicate a specific local demand or adjustments in the market. Buyers, including supermarket chains, are adopting a conservative stance. There was no increase in traditional purchases from the beginning of the month, highlighting the uncertainty and the ...