Prices of carioca beans continue to rise due to restricted supply

The second week of September was marked by appreciations in the bean market. This is what the surveys from the Center for Advanced Studies in Applied Economics (Cepea) indicate. According to the institute, for the best quality carioca type, the quite limited supply in the main producing regions kept prices high. In addition, the combination of adverse weather, completed harvest in important regions, and storage strategies reinforced the upward movement of prices for this bean. As for the black bean, the market shows signs of recovery, although the values remain below historical averages. Researchers from Cepea indicate that the support for prices comes from the punctual resumption of demand. In the field, data released by Conab on the 11th point ...