The average price of cassava is the highest in four months.

Cassava prices have risen for the fifth consecutive week, reflecting above all the limited supply. This is what the surveys of the Center for Advanced Studies in Applied Economics (Cepea) show. Researchers explain that the rains recorded at the beginning of last week were poorly distributed, adding low volumes in many producing regions and making harvesting difficult. In addition, the lower availability of 2nd cycle crops (over 12 months) and the little interest of producers in marketing, given the reduced profitability, also weighed on the decision to deliver. Between September 22 and 26, the average nominal forward value of a ton of cassava starch was R$ 542.11 (R$ 0.9428/gram of starch), the highest since May this year and an advance of 3.4% ...