Cassava market in Brazil: High supply keeps prices declining but at a slower pace

In the last week, even with a still high supply, cassava prices experienced a lower intensity drop, showing signs of reaction in some markets surveyed by Cepea. Researchers highlight that producers, despite the drier climate in some areas, showed interest in commercialization, motivated by the concern to avoid more significant drops in profitability. In the starch segment, the transition of stocks from December 2023 to January 2024, together with a significant 57% increase in production in the first month of the year, resulted in a 22% increase in domestic availability. This scenario has led buyers to purchase only small volumes, putting continuous pressure on prices. In the physical sphere, the most active sectors ...