The Brazilian bean market maintains its focus on crop quality with stable prices

The carioca bean market in Brazil showed typical behavior of a transition between harvests this week, with stable prices, selective purchases and low interest in commercial beans. According to Evandro Oliveira, analyst and consultant at Safras & Mercado, the current supply is predominantly made up of commercial beans, which are facing reduced demand. "Demand is concentrated on extra beans, which remain scarce and are being traded between R$260.00 and R$275.00 per bag, depending on the quality. The supply of lower quality commercial beans is putting pressure on prices and reducing buyer interest," explained Oliveira. In Paraná, weather conditions have also impacted the quality of products. Although recent rains have favored crop development, there are concerns about the quality of the beans if the rains persist. Some lots are already being reclassified and sold at lower prices. "With the peak of the harvest expected in January, new volumes of beans are expected to put pressure on ...