Banana prices in Brazil are high in October

Published 2022년 10월 26일

Tridge summary

Banana prices in the North of Santa Catarina have surged in October, with the first quality dwarf selling for R$ 2.50/kg and coastal silver at R$ 2.42/kg, marking a significant increase of 150% and 142% respectively from the previous year. This price hike is attributed to a reduced supply and lower fertilization due to high costs. Producers anticipate that the high prices will persist in November, as the supply is expected to remain low.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Banana prices are high in the North of Santa Catarina in the partial of the month (1st to 21/10), especially for the runt, which has values a little higher than the coastal silver. First quality dwarf was sold for R$ 2.50/kg in the period and coastal silver of the same profile for R$ 2.42/kg, respectively highs of 150% and 142% compared to October last year, in terms of nominal. Producers consulted by Hortifruti/Cepea reported that, for both varieties, the occurrence is due to the low supply compared to the previous year. However, the greatest scarcity happens to the runt. Bearing in mind that, in addition to the weather conditions, ...
Source: Agrolink

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