Brazil: Cassava milling volume drops 13%

Last week, the cassava harvest slowed down due to the low availability of crops and, mainly, the occurrence of rain in most regions monitored by Cepea. This scenario, combined with the fact that some companies have already gone into recess, resulted in a drop in the volume of crushing in the starch and flour industries. Cepea estimates indicate that 52.9 thousand tons were crushed in starch plants last week, a 13% decrease compared to the previous period, with average idleness at 53.5% of installed capacity. The greater adjustment between supply and demand caused prices to have little movement during the week, also according to Cepea surveys. The nominal ...