Situation of the bean market, according to Ibrafe: Sales affected by suboptimal quality in Brazil
Dried Common Bean
Brazil
Sustainability & Environmental Impact
Market & Price Trends
Published Mar 22, 2024
Tridge summary
Approximately 70% of brokers in Minas Gerais, the Federal District and the region have reported that producers are withdrawing due to the poor quality of beans caused by recent weather conditions. Although a significant portion of the production still meets market demand, producers are finding it difficult to sell beans quickly as the market is unable to absorb the product at the required pace. However, it is anticipated that the number of damaged beans will decrease in the next 15 to 20 days.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Recently, around 70% of brokers operating in Minas Gerais, the Federal District and the region reported that producers are backing down due to the suboptimal quality of beans. Without a precise survey of the volume of harvested beans that present visual damage, the only available source is the reports of local brokers, producers and agronomists themselves. According to these professionals, it is estimated that in approximately 15 to 20 days the quantity of damaged beans will decrease considerably, following the improvement in weather conditions. Despite the damage caused by rain during the first harvest in Minas ...
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