Significant increase in Brazil: Carrot prices soar in January due to adverse weather conditions

Published 2024년 1월 31일

Tridge summary

In January, heavy rains in the main carrot producing regions led to a 146% increase in the average price of carrots, as reported by the Hortifrúti/Cepea team. The adverse weather conditions resulted in a significant drop in supply. However, there is potential for a supply increase in February and March as producers aim to recover losses and stabilize the market. This sudden surge in vegetable prices presents a challenge for both consumers and traders.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In January, the average price of carrots showed a notable increase of 146%, compared to the previous month, according to surveys by the Hortifrúti/Cepea team. The vegetable, sold at R$121.17 per 29 kg box in markets such as Cristalina (GO) and MG, faced significant challenges due to the heavy rains that affected the main producing regions in the first fortnight of the year. Cepea experts point out that unfavorable weather conditions negatively impacted plantations, leading to a considerable reduction in product supply. Collaborators consulted by Hortifrúti/Cepea report that the summer harvest, especially in RS and BA, is facing additional challenges. Given this scenario, there is the possibility of a supply window in February and March, as producers seek to recover losses and balance the market. The sensitivity of the fruit and vegetable market to ...

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