Feijão-carioca registers an increase of 10% in Brazil, raising questions for the second harvest
Dried Pinto Bean
Black Bean
Brazil
Market & Price Trends
Published Feb 17, 2024
Tridge summary
During the carnival week, there was a 10% surge in the price of Carioca Beans, nearing the R$350 mark once again. Meanwhile, the cost of Black Beans in southern Paraná remained steady, ranging from R$380 to R$400. The continuous rise in bean prices suggests a possible impact on consumption until the second harvest. The article also provides market forecasts for Cowpeas, Green Mungo, and Black Mungo in India.
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
During Carnival week, just two days of business were enough to drive a significant increase of 10% in the price of Carioca Beans in the production centers, raising the score to 8.5. Producers and packers warn that prices threaten to exceed R$350 again. In the south of Paraná, prices for Black Beans remain stable, varying between R$380 and R$400. This reality reflects not only this week's increase, but also that of January on supermarket shelves. When considering the recent history of Beans and after the celebration of World Beans Day, the need to expand the product's offering becomes evident. The ongoing appreciation indicates a possible impact on consumption until the second harvest is harvested. The crucial question arises: what will Brazil's production be in the second harvest? While we explore this ...
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