Onion/Cepea: Cargoes coming from Argentina increase every week

Published Mar 1, 2024

Tridge summary

Despite stringent border inspections at Porto Xavier, the import of onions from Argentina into Brazil has surged due to high national discards caused by heavy rains. The Argentine onions are reportedly of superior quality compared to the Brazilian ones. The price of Argentine onions increased by 14.2% in the last week of February 2024, reaching R$ 105.67/sc of 20 kg for 'synthetic 14'. As the supply in Brazil becomes increasingly limited, onion prices are expected to continue to rise in the upcoming weeks.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At the border of Porto Xavier (RS), even with strict inspections regarding the entry of agricultural cargo, the arrival of onions from Argentina from the 2024 cycle increased this week. In past seasons, good southern productions eliminated the need to bring in larger volumes of foreign goods, a factor that was reversed this year, due to the high national discards that occurred due to the rains. In addition to the quantity, the quality of the bulbs is also increasing, even being superior to the Brazilian one. This week (26/02 to 1/03), prices for the Argentine product closed at R$ 105.67/sc of ...

Source: NoticiasAgricolas