Trade4go Summary
The carioca bean market is experiencing a fluctuation between low and high prices due to a large supply of lower quality beans and a scarcity of higher quality beans. Despite producers trying to maintain sales prices, demand for black beans remains low. Harvesting activities for both carioca and black beans are on the rise in their main production areas, with 52.1% of the first crop area already harvested as of February 17, according to a Conab survey.
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Original content
The carioca bean market continues to operate at two extremes. According to Cepea researchers, while commercial lots face falling prices due to the high supply volume and lower quality of the beans, higher grade beans continue to be valued, reflecting the scarcity of these lots on the market. In the case of black beans, producers are trying to maintain sales prices, but demand remains weak, which has prevented more consistent reactions. In the field, harvesting activities have advanced ...