Minimum price for industrial grapes will be R$ 1.58 per kilo in Brazil

Published 2022년 12월 2일

Tridge summary

The National Monetary Council of Brazil has set the minimum price for 15º glucometric industrial grapes at R$ 1.58 per kilogram for 2023, a 20.61% increase from the previous year. This decision aims to offset the rising production costs and ensure a minimum profit for winegrowers. Despite challenges such as market fluctuations and economic uncertainties, Brazil's wine exports have seen a significant increase, with China being the primary consumer. The majority of grape cultivation for industrial purposes in Brazil is concentrated in Rio Grande do Sul, with other states contributing a small fraction.

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

Original content

From January 1st to December 31st, 2023, the minimum price of 15º glucometric industrial grapes will be R$ 1.58 for the states of the South, Southeast and Northeast regions, a 20.61% readjustment. The new value, set by the National Monetary Council (CMN) in accordance with the proposal sent by the National Supply Company (Conab) to the Ministry of Agriculture, Livestock and Supply (Mapa), is published in the Federal Official Gazette (DOU) of this Friday (2) by ordinance nº 522. The increase follows the increase in production costs of industrial grapes, influenced mainly by investments in the crop, such as labor, fertilizers, pesticides and packaging. The new value makes it possible for winegrowers to bear at least their expenses in cases of market price crises, thus contributing to ensuring a minimum remuneration for producers. The analysis of the market situation in the wine sector presents some challenges. Among them, the uncertain scenario about the outcome of the war in the ...

Source: Agrolink