Brazil: High supply puts pressure on potato prices, according to Cepea survey

Published Dec 3, 2024

Tridge summary

A recent survey by Hortifrúti/Brasil has revealed a decrease in the average price of special agate potatoes last week across major markets in Brazil. The price drop was most significant in Belo Horizonte, where it fell by 18.8%, followed by São Paulo with a 12.8% decrease, and Rio de Janeiro with an 8% decrease. The surge in supply, attributed to high productivity in Paraná due to the start of the rainy season, and delayed harvests in Minas Gerais and Chapada Diamantina, Bahia, have led to this situation.

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

Original content

According to a survey conducted by the Hortifrúti/Brasil team, the average price of special agate potatoes fell last week. In the wholesale market in São Paulo, the price fell by 12.8%, with a 25-kilo bag priced at R$61.14. In Belo Horizonte (MG), the price fell by 18.8%, reaching R$55.08 per bag, while in Rio de Janeiro, the reduction was 8%, with the bag priced at R$61.18. Hortifrúti/Brasil researchers attribute this drop to the high supply in the market. The start of the rainy season in Paraná has generated high productivity in the region's crops, which has contributed to the increase in ...

Source: Portal Do Agronegocio