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Weather Woes: How Climate Impact Shapes Potato Prices in Brazil

by T.G. Lynn
22.03.2024
in Company
A A
Weather Woes: How Climate Impact Shapes Potato Prices in Brazil

#PotatoMarket #Brazil #ClimateImpact #AgriculturalEconomics #SupplyChain #PriceFluctuations #WeatherPatterns #gricultureIndustry

In Brazil, potato prices remain highly sensitive to the climatic impact on harvests, with fluctuations driven by regional supply dynamics. Recent data reveals a notable downturn in wholesale potato prices, attributed to increased supply from regions like Água Doce and Chapada Diamantina. Despite localized disruptions such as rain affecting harvests in Triângulo Mineiro, leading to temporary price hikes in markets like Belo Horizonte, overall market trends show a surplus of potatoes driving prices down. For instance, in São Paulo, wholesale prices averaged BRL 102.70 per 25 kg sack, marking a 14.13% decrease from the previous week. Similarly, prices in Rio de Janeiro and Belo Horizonte experienced declines of 9.37% and 3.61%, respectively, reflecting the broader downward trend.

The intricate dance between weather patterns and potato prices underscores the vulnerability of agricultural markets to environmental factors. As Brazil’s potato industry navigates these challenges, stakeholders must adapt strategies to mitigate risks and ensure stability in the face of climate variability.

Tags: Agricultural Economicsagriculture industryBrazilclimate impactpotato marketprice fluctuationssupply chainweather patterns
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