Brazil: Vegetables record further drop in prices

Published Oct 19, 2023

Tridge summary

In Brazil's wholesale markets, prices for lettuce, potatoes, carrots, and onions have decreased due to various factors. Onion prices dropped the most, despite a smaller quantity available, because of increased production and supply closer to consumer centers. Potatoes saw decreased prices due to a strong winter harvest, while lettuce prices continued to decline influenced by weather conditions. Carrot prices dropped due to lower supply and decreased product quality. Tomato prices varied based on the amount of fruit intake and temperature fluctuations.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In Brazil's main wholesale markets, most vegetables registered a new drop in prices last month. Lettuce, potatoes, carrots and onions have become more accessible, according to the 10th Bulletin of the Brazilian Horticultural Market Modernization Program (Prohort), released by the National Supply Company (Conab) this Thursday (19). Onion: biggest drop in weighted average Onion was the highlight with the biggest drop in the weighted average in September, even with the smaller quantity of the product in the markets compared to August. The dispersion of production across the country helps to explain the lower prices, suggesting that supply is closer to consumer centers, which reduces logistical costs and, in turn, prices. Potato: intense winter crop Potatoes continued to register a decrease in prices due to the intensification of the winter harvest across the country. The total volume sold in the eleven Supply Centers (Ceasas) exceeded 100 thousand tons. Lettuce: declining trend ...
Source: Agrolink

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