The Brazilian bean market shows price stability in November with low commercial movement

The Brazilian bean market remained stable throughout November, with prices without major variations and low trading activity. Adverse weather conditions, such as persistent rains, negatively impacted the quality of the beans, which in turn influenced the commercial dynamics, making the market more subdued. During the month, demand for better quality beans was more significant, with emphasis on lots rated 9 and 9.5, whose prices ranged from R$270.00 to R$290.00 per bag. On the other hand, commercial quality beans, with defects such as spots and sprouts, were less accepted in the market, being sold at lower prices, between R$140.00 and R$150.00 per bag. According to Gabriel Viana, an analyst at Safras & Mercado, persistent rains in southwest São Paulo represented one of the biggest challenges for producers, resulting in lots with poor color and defects, which reduced buyer interest. “In addition to delaying the harvest, the rains increased the risk of quality losses in the grains, ...