News

Brazil: Wholesale prices of lettuce, potatoes, onions, and tomatoes rise in February, says Conab

Fruits
Vegetables
Brazil
Market & Price Trends
Published Mar 21, 2024

Tridge summary

In February, weather conditions led to increased wholesale prices of lettuce, potatoes, onions, tomatoes, bananas, oranges, and apples in Brazil, according to the Brazilian Horticultural Market Modernization Program. High temperatures and rains affected the supply of these crops. However, carrot, papaya, and watermelon prices decreased due to various factors. Carrot prices fell due to an unspecified reason, while papaya prices dropped due to weak demand and increased supply from favorable weather conditions. Watermelon prices decreased due to quality issues caused by heat, which increased production costs, but the return of rains later in the month helped increase supply.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The prices of lettuce, potatoes, onions and tomatoes registered a preponderant upward movement on a wholesale basis in February. On the other hand, carrots, a highlight in January, showed a downward trend in prices last month, shows the 3rd Bulletin of the Brazilian Horticultural Market Modernization Program (Prohort), from the National Supply Company (Conab), released this Wednesday -Friday, 20. Conab's research considers the five vegetables (potatoes, carrots, onions, tomatoes and lettuce) with the greatest representation in sales in the main Ceasas in the country and which are most prominent in the calculation of the official inflation index (IPCA). According to Conab, the high temperatures recorded in important tomato producing regions, as well as the rains in onion planting areas, influenced the supply of products in the main wholesale markets, which led to an increase in sales prices last month. In the case of tomatoes, the heat in January accelerated the ripening of the ...
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