The year the bean market stopped talking on its own

For years, the bean market has been living in operational silence: sparse deals, emptied trading floors, selective buyers, suspicious producers. But 2025 made this silence scream. Nothing better synthesizes the current moment of the sector than the paradox that repeats itself daily at the origins and on the Exchange: when there is a price, there is no buyer; when there is a buyer, there is no bean. The carioca bean enters auctions day after day with 4,000 to 6,000 bags offered in the Cerealist Zone of São Paulo, a laughable volume for the beginning of the month. Even so, with such a small supply, the deals do not flow. The commercial standards (7.5 and 8) remain in a peculiar economic labyrinth: they are worth between R$ 205 and R$ 225/sc CIF SP, but they do not close at FOB, because the origin operates more firmly. Retail and wholesale ask for a low price, the origin does not deliver, the intermediary gives up, and the chain stalls. The result is a nominal market, where the ...