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Carioca bean prices rise again, while black bean prices maintain their stability.

THE bean-Carioca beans saw a price increase again at the end of August in the regions monitored by Cepea, after suffering devaluation throughout the month. According to data released by the Research Center, the restriction of sales by producers due to the low prices contributed to the partial recovery of quotations, while black beans remained supported by demand and lower supply during the off-season.

The progress of the third harvest has increased the availability of carioca beans and maintained pressure on prices for the third consecutive month. However, according to data released by Cepea, the drop in prices led producers to restrict sales. With a smaller supply of lots at lower prices, prices rebounded in the second half of August. The recovery, however, was partial, in a scenario still marked by greater availability of the product.

According to data released by Cepea, buyers remained cautious throughout the period and showed less willingness to accept higher prices. This behavior slowed the pace of carioca bean trading. Even so, the lower presence of buyers was offset by the firmness of sellers. With limited supply at the lower price levels, producers were able to contribute to the recovery of prices at the end of the month. In the black bean market, the scenario was different. According to data released by Cepea, prices remained relatively stable at the end of August. The support came mainly from the demand for higher quality lots and the lower availability of the product during the off-season.

According to data released by Cepea, the season is also marked by a reduction in the supply of black beans, a factor that contributes to keeping prices supported even in a market with more cautious negotiations.

The movement recorded in August shows the influence of product availability and producers' marketing strategy on bean prices.

In the case of carioca beans, the advance of the third harvest increased supply and put pressure on prices, but the reaction of producers to the price decreases limited the availability of lots at the lowest prices. As for black beans, the lower supply during the off-season and the demand for higher quality products helped to keep prices relatively stable.

THE MM Cereais works with the best grains on the market and also keeps you up to date with the latest news and analyses on agribusiness.
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