Brazil: Lack of rain in Bahia harms rainfed bean crops
Dried Common Bean
Brazil
Published May 31, 2023
Tridge summary
The harvest of the first bean crop is practically finished across the country. Despite the reduction in cultivated area, a recovery in bean productivity brings a slight increase in the total volume produced, compared to the previous season.
Original content
second harvest In some producing states, the second harvest has already begun, such as Paraná and Santa Catarina. In the south of the country, the harvest has already started, but still timidly, and should intensify in the coming weeks. In Bahia, lack of regular rainfall harms rainfed crops. With the intensification of the second crop harvest, a downward movement in black and color bean prices is expected. Favorable climatic conditions indicate a good increase in the productivity of cores, which should culminate in an increase in production, despite the drop in area. According to the AgroConab Bulletin, the good expectations make the market expect good volumes of the product in the 2nd harvest, which results in the restriction of the upward movement in prices, with quotations settling at lower levels. Transition stock should remain low, a common situation for the product, which is a crop with a short cycle and planted throughout the year. With slow movement, buyers remained ...
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