Ibrafe: Market with blemish-free Beans deals in the Northwest of Minas were reported

Ibrafe: Market with blemish-free Beans deals in the Northwest of Minas were reported
Ibrafe: Market with blemish-free Beans deals in the Northwest of Minas were reported
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Market with unblemished Beans deals in the Northwest of Minas were reported yesterday for R$ 250. This value in no way reflects the reduced stock that now exists with producers. This Tuesday (26), traders in Paraná commented that there is little, but it seems like a lot. This is because when it is about to go down, everyone’s tendency is to buy less than they need and they postpone the purchase as long as possible, whereas when the trend is upwards, on the contrary, everyone wants a little more.

What we don’t have any further information about is how much last year’s Beans are stored in cold storage, but it is reasonable to think that whoever carries the stock until now will not sell it at any price.

The Paraná harvest started, stopped and will start again in April; however, the harvest volume will extend until June. The losses that occurred in crops have not yet reached the population, and it is expected that, when it is passed on to retailers, this will happen and we will have an increase in demand to some degree. And as for the Minas Gerais harvest, affected by whitefly damage, they also point to a very different picture from last year.

Source: Ibrafe

The article is in Portuguese

Brazil

Tags: Ibrafe Market blemishfree Beans deals Northwest Minas reported

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