Brazil: High supply and poor quality impact bean prices

The bean market continues to face challenges, pressured by increased supply and compromised quality in several producing regions. Excessive rainfall has damaged the grains, worsening the situation. According to researchers at the Center for Advanced Studies in Applied Economics (Cepea), the continuation of harvests and the greater availability of lower-grade beans should keep prices falling in the short term. Although high-quality lots remain scarce and highly valued, especially in regions with good storage infrastructure, the general scenario is one of wait-and-see. Negotiations are being carried out on an ad hoc basis, while the market awaits an upturn in consumption in early 2025, which could help stabilize prices, especially in higher-quality categories. In the field, the National Supply Company (Conab) reported that, as of December ...