Brazil: With the rainy market, potato prices soar in wholesale markets in the country

Published 2022년 12월 9일

Tridge summary

Heavy rainfall in Southwest São Paulo and Minas Gerais has disrupted harvesting activities, leading to a decrease in offer and a significant increase in wholesale prices for potatoes in São Paulo, Rio de Janeiro, and Belo Horizonte. However, prices began to fall as weather stabilized and the offer increased slightly, with forecasts of rain for the next week potentially impacting the market again.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The week started with high rainfall in the producing regions of Southwest São Paulo (SP) and, mainly, in the south of Minas Gerais (MG). Thus, with the rainy weather, harvesting activities on the first two days of the week were completely unfeasible in both regions. In addition to these two squares, the occurrence of rains in the Triângulo Mineiro was also reported and, despite the precipitation volume being lower compared to the other regions, the harvests in this square were also difficult. Thus, in view of these factors, the offer - which was already low - decreased even more this week, which caused a significant increase in quotations in all wholesales accompanied by Hortifruti/Cepea. In São Paulo, potatoes were traded at an average of R$ 107.02/sc of 25 kg, an increase of 48.04% compared to last week. In Rio de Janeiro, sales were R$ 106.17/sc, 44.61% higher. In Belo Horizonte, the amounts were R$ 140.52/sc, an increase of 96.75%. The higher wholesale prices in Minas Gerais ...

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