Mato Grosso in Brazil leads national bean exports with 55%
Dried Common Bean
Brazil
Market & Price Trends
Published Feb 15, 2024
Tridge summary
In 2020, exports of common beans saw a slight increase from 136.1 thousand tons in 2019 to 139 thousand tons, with Mato Grosso leading the exports. The main buyers were India, Egypt, and Vietnam. The National Supply Company (Conab) has estimated a transit stock of 398 thousand tons, vital for domestic supply. However, the average production volume for the current season is projected to decrease by 2.1%.
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
From January to December last year, exports of common beans totaled 139 thousand tons, exceeding the 136.1 thousand tons of the previous year by 2.9 thousand tons. Mato Grosso stood out as the main exporter, contributing 55% of shipments. According to the National Supply Company (Conab), India led purchases with 41%, followed by Egypt with 11% and Vietnam with 10%, as shown in the 5th grain harvest survey, concluded last week. In this scenario, considering an initial stock of 324.9 thousand tons, a consumption of 2.85 million tons, imports of 100 thousand tons and exports of 150 thousand tons, results in an estimated transit stock of 398 thousand tons . This volume should play a crucial role in maintaining normal domestic supply, highlights Conab. The survey also anticipates that, ...
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