The Aprosoja/MS newsletter said that 97.80% of the 2021 crop was sold at an average price of BRL 69.32/bag by July 2022. The president of Aprosoja/MS, André Dobashi, explains that “the price reduction of the bag in this final stage is due to the increase in supply, as the state of Mato Grosso do Sul is advancing in the second harvest. This makes the producer wait for the best moment to sell his products”. Negotiations for the 2022 crop began in July 2021, with sales of 7%, at a price of BRL 78.37/bag. The average selling price is so far BRL 77.22.
Source: Agrolink (*Translated by Ia Niani)