Prices of beans show distinct movements

Negotiations involving carioca and black beans continued punctually. According to researchers at Cepea, in general, the weak liquidity was partly influenced by the holiday on Thursday, November 20, the Day of Black Awareness. As for prices, those of carioca beans with grades above 9.0 and/or sieve 12 were pressured last week. Cepea researchers indicate that the harvests in the southwest of the state of São Paulo guaranteed new offers of better quality lots. However, the greater availability caused prices to drop, and sellers from other regions also had to negatively adjust the asking prices. As for carioca beans with grades of 8 and 8.5, the greater interest from buyers and the somewhat more restricted supply raised the average prices in most of the markets monitored by Cepea. As for black beans, due to the financial need ...