Cassava prices down 7% in November in Brazil

Four consecutive monthly rises were not enough to keep cassava price uptrend. After the reopening of the processing industry, many farmers started harvesting their crop again and loaded the market with offers. In November, cassava price was down 7.4% in Brazil. On YTD it rose only by 33.3%, very close to the 32.6% devaluation level of the Brazilian currency 'Real'.