Friday, August 29, 2014

In 8 MONTHS, PRICE of COFFEE GROWS MORE THAN 50%

The price of coffee has high of 50.17%, between 2 January and 22 August, according to data from the Center for advanced studies in applied economics (Cepea). With regard to prices, the Cepea shows that the sack was the R$281,72 in January and was quoted at r $ 422 in August. The estimate of the segment is that the offer be around 20% lower than in the current crop in Minas Gerais (MG), which has boosted coffee prices in the market and contributed to minimize the prejudice of coffee growers. The expectation is that prices will remain at current levels over the next few months, since the consequences of drought stretching to 2015.
Giro News - 29/08/2014
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