Brazil: Few black beans, carioca, and cowpea are a concern

Published 2022년 11월 29일

Tridge summary

The Brazilian Institute of Beans and Pulses (Ibrafe) has expressed concern over the low availability of the "black", "carioca", and "caupi" bean varieties. This has led to a delicate situation for packers, with some producers not selling due to record prices. However, there is potential for a positive outcome in December with the possibility of a larger harvest volume, coupled with holiday seasons and the World Cup. Some packers are strategically distributing quotas and analyzing supermarkets.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Information released by the Brazilian Institute of Beans and Pulses (Ibrafe) indicates that the bean sector has little availability of the “black”, “carioca” and “caupi” varieties, which ends up worrying the market. According to Marcelo Lüders, president of the Institute, the situation for packers is not good. “For packers, the situation is becoming very delicate. If being between producer and supermarket is never good, now, then, it's not even said. Beans breaking a price record for the period and so far there has been no talk of a rise in retail. By keeping R$ 425 in the interior yesterday, some producers, very rare, by the way, did not sell”, he comments. In addition, he claims that packers continue to distribute the quota and study supermarkets to coldly analyze the situation. However, from December it is possible that a larger volume can be harvested and, this, added to the holidays and the "stop" time for the world cup, end up being a positive point for the sector, making ...
Source: Agrolink

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.