Tomato prices in Brazil continue to rise for the second consecutive month

Published 2022년 11월 24일

Tridge summary

Tomato prices in Brazil have increased for the second consecutive month, with the average sale price now 16.6% higher than October and 87% above production cost estimates, according to the Center for Studies in Applied Economics of the Federal University of São Paulo. This increase is due to a decrease in offer and the maturation of the second part of the winter crop. However, frequent rains have caused quality issues in some cities.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Tomato prices rose for the second consecutive month. According to data released by the Center for Studies in Applied Economics (Cepea) of the Federal University of São Paulo (USP), the partial of November, from the 1st to the 22nd, the average sale was R$ 66.69 per box, or that is, 16.6% higher than the value observed in October and 87% above production cost estimates. According to the publication, in November, the offer was lower than in October. The second part of the winter crop, which gained strength since last month, had more intense maturation in that period. In addition, in October there was still an offer referring to the first part of the winter crop, in a significant volume. Still according to data from the study center, not even the stoppages at the beginning of the month were enough to accumulate merchandise, explains the HF Brasil website. The milder temperatures helped to control the rate of fruit maturation. Even with ...
Source: Agrolink

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