Bean market in Brazil: Prices continue to fall, impacted by higher supply and low demand

Bean prices continued to fall last week in most of the markets monitored by the Center for Advanced Studies in Applied Economics (Cepea). The reduction in prices is the result of the increased supply of grains, whose quality was compromised by excessive rainfall in the South and Southeast regions of Brazil. In addition, demand for the product remains low, which is common at this time of year, which precedes the end-of-year festivities. In Paraná, harvests ...