Beans, by Ibrafe: Mexico increases imports by 272%

Dried Common Bean

Mexico

Market & Price Trends

Published Jan 22, 2024

Tridge summary

The text discusses the issue of falling consumption due to low production and rising prices of Carioca beans. The author disagrees with the solution of producing more Pinto Beans as it would lead to cheap prices at the expense of the producers. Instead, they argue for planting beans with a market not only in Brazil but also globally, in order to have the option to export surpluses. The text also mentions the impact of weather and international trade dynamics on the bean market, highlighting the increase in imports by Mexico and the shift of China from exporter to importer.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Consumption falls because we produce little, and the price rises. Therefore, the solution is to produce more Carioca beans, after all, they are the most consumed. I disagree. If we produce more Pinto Beans, as producers apparently will plant now, the consumer will have cheap Pinto Beans at the expense of the producer's loss. Therefore, the solution is to sell to federal government stocks. I disagree again. The solution is to plant beans that have a market not only in Brazil, but also liquidity on the world market. When we have surpluses, or even this year, we will be able to export. We are impressed that Mexico imported more than 300 thousand tons of Beans, a stupendous increase of 272% compared to the previous year, due to climate problems that Dr. Luiz Carlos Molion indicated would happen since 2019 and he was spot on. And, as if that weren't enough, add another piece to this puzzle: China. Yes, China exported a lot of beans to the United States, Cuba, Venezuela and here to ...

Source: NoticiasAgricolas