Tridge summary
Papaya prices have seen a significant decrease in the main producing regions of Brazil, with type 12-18 Hawaii in the North of Espírito Santo selling at an average of R$0.98/kg, a 41% drop, and Formosa in the South of Bahia selling at R$1.23/kg, a 36% drop, compared to the previous period. This decline is due to the high supply of both varieties and warm weather, which is accelerating ripening and leading to a larger market volume. Additionally, demand is slowing down, potentially leading to an increase in crop losses due to oversupply.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Papaya prices continue to fall in the main producing regions. In the North of Espírito Santo, type 12-18 Hawaii was sold at an average of R$0.98/kg last week, a sharp drop of 41% compared to the previous period. In the South of Bahia, Formosa was sold at R$1.23/kg, a drop of 36% in the same comparison. According to researchers from the Hortifrúti/Cepea team, the pressure comes mainly from the high supply of both varieties. The warm weather is favoring the ripening of the fruit and, consequently, a greater volume was placed on the ...
Source: NoticiasAgricolas
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.