Brazil: Vegetables record a new drop in prices in the country's main wholesale markets

Published 2023년 10월 19일

Tridge summary

Wholesale prices for vegetables like lettuce, potatoes, carrots, and onions decreased last month in Brazil's main wholesale markets. The drop in prices can be attributed to increased production across the country, which has led to the supply being closer to consumer centers, resulting in lower logistics costs and lower prices. This decrease in prices was not uniform for all vegetables, as factors like climate and demand influenced individual markets. Additionally, fruit prices, like bananas and papayas, also saw a decline due to increased supply and demand.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Most vegetables sold in the country's main wholesale markets registered a new drop in prices. Lettuce, potatoes, carrots and onions became cheaper last month at the Supply Centers (Ceasas) analyzed by the National Supply Company (Conab), as shown in the 10th Bulletin of the Brazilian Horticultural Market Modernization Program (Prohort), released this Thursday on Friday (19) by the state-owned company. The biggest drop in the weighted average recorded in September was for onions. The reduction was seen despite the lower quantity of the product in the markets compared to August levels. Production spread across the country helps explain the lower prices, a condition that allows us to infer that supply is closer to consumer centers, with lower logistics costs, positioning prices at lower levels. For potatoes, the continuous and unanimous decrease in prices can be explained by the intensification of the winter harvest at national level. Once again, the total sold in the eleven Ceasas ...

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