Cassava harvest in Brazil is below expectations

Market & Price Trends
Published Nov 21, 2023

Tridge summary

The cassava harvest is facing challenges due to reduced availability of crops, rainfall in some regions, and cautious producers postponing commercialization. Despite these challenges, demand for cassava remains strong, especially from farinheiras. Cassava prices have remained steady for four consecutive weeks, despite lower-than-expected supply. However, the conservative approach of some farmers and climatic factors may continue to impact the availability of cassava in the future.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Amid this scenario, demand for cassava remains robust, especially from farinheiras, strengthening the market. Cepea surveys indicate that, for the fourth consecutive week, cassava prices are sustained, resisting adverse pressures from lower-than-expected supply. The dynamics between supply and demand in this essential market highlights the importance of closely monitoring trends and challenges facing cassava producers. ...
Source: Agrolink
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