Brazil: Vegetable and fruit prices continue to fall in wholesale markets, says Conab

Published Aug 19, 2024

Tridge summary

In the past month, Brazil's main wholesale markets have seen significant price drops in most vegetables and fruits, with carrots and tomatoes experiencing the largest decreases due to increased supply. The winter harvest has also lowered potato prices, though they remain high compared to last year. Onions and lettuce prices fell, while oranges saw a price increase due to high demand. Despite a decrease in fruit export volume in the first half of 2024, revenue increased. The 8th Prohort Bulletin details these trends. Additionally, the Conab website offers valuable agricultural and supply chain data and reports for stakeholders.

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

Original content

The prices of most vegetables and fruits sold in Brazil's main wholesale markets have fallen again in the last month. According to the 8th Bulletin of the Brazilian Program for the Modernization of the Fruit and Vegetable Market (Prohort), released by the National Supply Company (Conab) this Friday (16), the price reduction was significant, reaching up to 47.69% in the case of carrots and 43.96% for tomatoes, when compared to the month of June. The Bulletin indicates that the drop in the price of carrots is due to the greater supply of the root in wholesale markets. The national supply of the product to the Ceasas analyzed increased by 8.9% in July, without a significant concentration in Minas Gerais. Tomatoes, which had a similar price reduction, saw their supply grow 13% compared to June, marking the highest volume recorded so far in 2024. With regard to vegetables, Conab highlights that the arrival of the winter harvest reversed the upward trend observed in previous months for ...

Source: Portal Do Agronegocio