Cerealista Association estimates for August early bean price fall

The food price rise was due to climatic factors that affected the crop over the first half.
07/07/2016 15h13 - Updated 7/07/2016 15h13
Photo: reproduction

Director of Institutional Relations of the Association of Cereal Companies in Brazil (Acebra), Roberto Queiroga, he said today (7) the price of beans should start to fall in August, when you begin to harvest the third crop of the product.

"Consumers will start to realize price drop on the shelf with the third season that will go far in August. From July, already have some accommodation relative to price. This is the expectation. In August, this will be perceived by the consumer ", said Queiroga, after meeting representatives of 20 sectoral and thematic chambers of agribusiness with the Minister of Agriculture, Livestock and Supply, Maggi.

For the representative of Acebra, imports of the product will not impact on the price, because carioca beans, the most consumed in the country, It is not produced in the foreign market.

"The common bean is a characteristic of the Brazilian market. For black beans, not we will have major problems in the supply. The problem is carioca beans. What will act in the price is the domestic production of the third season that is coming ", he added.

Last month, the federal government authorized the bean imports of some countries, in order to reduce the price of the product. The food price rise was due to climatic factors that affected the crop over the first half.

grain harvest
The minister Maggi, the decrease in the harvest of grain production estimate 2015/2016 released by the National Supply Company (Conab) It is "absolutely normal".

"Who is dealing agriculture with climate. We do not control it. When all goes well, increased productivity. In bad years like this, um ano El Niño, very dry on one side and excessive rainfall on the other, it's normal", the minister said.

Brazilian production crop of grain 2015/2016 should reach 189,3 millions of tons, 8,9% lower than previous (207,7 millions of tons), according to the 10th survey of grain harvest, released on Thursday by Conab.

The Brazilian Institute of Geography and Statistics (IBGE) also today released lower estimate for the grain harvest. Monthly projections IBGE makes for Brazilian grain harvest this year continue to fall and indicate that 2016 You can close with a crop 8,4% less than the last year, which was 209,4 millions of tons.

Source: Agency Brazil

*** If you are in favor of a totally free and impartial press, collaborate enjoying our page on Facebook and visiting often the AM POST.

Contact Terms of use