Potato price drop continues for the third week in a row in Brazil

Published 2024년 11월 5일

Tridge summary

Potato prices in Brazil have experienced a continuous decline for the third week in a row, according to a survey by Hortifruti at Cepea. The average price of special agate potatoes in São Paulo wholesalers fell by 7.79% to R$89.87 per 25 kg bag. In Belo Horizonte, the price dropped by 2.29% to R$76.86 per bag, and in Rio de Janeiro, it decreased by 11.23% to R$81.00 per bag. This price drop is attributed to an increased supply from the South of Minas Gerais, particularly due to the quick harvest phase and the approaching soybean and corn planting season. Despite rainy weather reducing the entry of potatoes from the Triângulo Mineiro, the supply has increased from South Minas Gerais and Cerrado Mineiro.

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Original content

According to a survey conducted by the Hortifruti team at the Center for Advanced Studies in Applied Economics (Cepea), potato prices have fallen for the third consecutive period. Between October 28 and November 1, the average price of special agate potatoes was R$89.87 per 25 kg bag at wholesalers in São Paulo (SP), representing a reduction of 7.79% compared to the previous week. In Belo Horizonte (MG), the average price was R$76.86 per bag, a decrease of 2.29%, while in Rio de Janeiro (RJ), the price reached R$81.00 per bag, reflecting a decrease of 11.23%. Researchers from Hortifrúti/Cepea explain that, in the Rio de Janeiro market, the decrease in prices is linked to the greater supply of the tuber from the South of Minas Gerais, which is in an accelerated harvest phase, especially due to the proximity of the soybean and corn planting calendar. In the markets of São Paulo ...

Source: Portal Do Agronegocio