Cassava prices should remain high in Brazil

Published 2022년 12월 12일

Tridge summary

The National Supply Company (Conab) reports an ongoing price increase for cassava root in all producing regions, due to low availability caused by low yield and productivity, and climate issues. The price rise was especially significant in Bahia, with a 32.7% increase in November. Flour also saw over a 20% increase. Other states like Pará and São Paulo also experienced price hikes. Conab monitors the market for this crop and derivatives as part of the Minimum Price Guarantee Policy (PGPM) and the Minimum Price Guarantee Policy for Sociobiodiversity Products (PGPM-Bio).
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The November conjuncture for cassava root, carried out by the National Supply Company (Conab), indicates the permanence of the upward movement in the prices of the crop, in all producing regions. According to the analysis, the reasons that explain this scenario have been repeated throughout the current season: low availability of roots for commercialization due to the low yield and productivity of crops and climate problems, which make production and harvest difficult, mainly. In November, the price increase was highlighted in Bahia, where the value of the root rose 32.7% in relation to October. Flour, on the other hand, showed an increase of more than 20%. This has been caused by issues involving scarcity and excess of rainfall in the main producing region of the crop in the state. In the other producing units of the federation, price increases were also significant, mainly in Pará and São Paulo. The Conab situation is carried out monthly and aims to collect and provide ...

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