Brazil: Final stretch of harvest in Minas Gerais and Goiás

At the beginning of the month, we knew that August would be a long month for carioca bean producers. Being the month with the highest volume of harvest this year, the values would tend to decrease. And they really dropped with the pressure of the harvest of Beans like Pérola and Estilo, which cannot be stored, added to the part of Beans like ANFC-5 and 9, Dama, Marhe and IAC 2051, which are also offered, the market was oversupplied. With the crops in Goiás moving towards just over 80% harvested and Minas Gerais moving towards the final third, the pressure, even though we have a good volume stored that will meet the demand in the coming months, should not threaten the sector ...