Brazil: Vegetable prices fell in October, while tomatoes rose

Published Nov 22, 2024

Tridge summary

The 11th Bulletin of the Brazilian Program for the Modernization of the Fruit and Vegetable Market (Prohort) released by the National Supply Company (Conab) reveals a mixed picture for Brazil's agricultural market in October. Vegetables like lettuce, potatoes, onions, and carrots saw price drops due to increased supply, while tomatoes experienced a surge due to fluctuating weather conditions. The fruit market also saw decreases in prices for bananas, papayas, and watermelons, but oranges and apple prices remained stable. Exports of fruit from Brazil were down in October 2024 compared to the same period in 2023, but revenue from exports increased. The launch of the National Food Supply Plan – Food on the Plate (2025-2028) by the Federal Government and a technical visit by Conab and the Ministry of Agrarian Development and Family Farming (MDA) to the Comida Boa Food Bank of Ceasa Paraná were also highlighted.

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

Original content

According to the 11th Bulletin of the Brazilian Program for the Modernization of the Fruit and Vegetable Market (Prohort), released by the National Supply Company (Conab) this Friday (22), the month of October was marked by a downward trend in the prices of several vegetables, such as lettuce, potatoes, onions and carrots, in the main supply centers in Brazil. On the other hand, the price of tomatoes increased in the period, reversing the trend observed in other vegetables. Regarding lettuce, the bulletin indicates that this was the second consecutive month of price variation among the Ceasas analyzed. The weighted average showed a drop of 1.02% compared to September. The price of potatoes, which has been falling since July, continued to decline, although it is still higher than that recorded in October 2023. Onion prices, in turn, suffered a significant drop of 25.22%, reaching one of the lowest levels in recent years. The abundance of the product's supply was identified as the ...

Source: Portal Do Agronegocio