Brazil: We are going to Mexico in search of opportunities for second-crop black beans

Last Friday, the first day of a possible price recovery was observed. If buyers enter the market, it could indeed be the beginning of a new appreciation cycle. However, if this does not happen now, it is likely to occur at some point before the next harvest. It is important to note that there will be times of price fluctuation, with buyers playing their role in purchasing products when prices decline. On the other hand, producers generally withdraw from the market at these times. Prices reached the mark of R$330 in Minas Gerais and R$350 in Goiás, with varying deadlines, reaching an evaluation of 8.5/9. In the morning, there were sales with grades between 8/8.5, at lower prices. Some buyers expressed frustration at not being able to meet their quantity goals for both Pinto and Black Beans. As for the area allocated to growing black beans in the second harvest, it is clear that it will be larger than last year. This will not be a problem if we are successful in our mission to ...