Prices of most vegetables and fruits fall at wholesale prices in July, according to Conab

Published Aug 16, 2024

Tridge summary

In July, Brazil saw a significant decrease in the prices of most vegetables and fruits sold in its main wholesale markets, with carrots and tomatoes experiencing the largest drops (47.69% and 43.96% respectively) due to increased supply. While some vegetables like potatoes and onions also saw price decreases, lettuce prices remained stable or increased slightly. Among fruits, bananas, apples, papayas, and watermelons became cheaper due to increased supply and lower demand from school holidays. However, orange prices rose due to high demand for processing and low juice stocks. Despite a slight decrease in the total volume of fruits exported in the first seven months of 2024, revenue increased compared to the same period in the previous years.

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

Original content

Most of the vegetables and fruits sold in Brazil's main wholesale markets showed price drops in July, repeating the trend of the previous month. The weighted average price dropped by 47.69% in the case of carrots and 43.96% in the case of tomatoes, compared to June. The data is included in the 8th Bulletin of the Brazilian Program for the Modernization of the Fruit and Vegetable Market (Prohort), released this Friday, the 16th, by the National Supply Company (Conab). The Conab survey considers the five fruits (orange, banana, papaya, apple and watermelon) and vegetables (potato, carrot, onion, tomato and lettuce) with the greatest representation in sales in the country's main Supply Centers (Ceasas) and which are most prominent in the calculation of the official inflation index (IPCA). According to the bulletin, the drop in carrot prices is explained by the greater quantity of the root in wholesalers. In national terms, the supply of the product to the CEASAs that are part of the ...

Source: CanalRural