News

Cassava price in Brazil fell by 40% this year

Cassava
Cassava Starch
Vegetables
Brazil
Published May 15, 2023

Tridge summary

Even with some companies opting to reduce crushing, cassava producers consulted by Cepea went ahead with the sale of the root. In this scenario, prices continued to fall in all regions monitored by Cepea. Between May 8th and 12th, the average nominal forward value of a ton of cassava starch was R$714.04, down 7% compared to the previous week. Since the beginning of this year, the accumulated devaluation is a significant 40%.

Original content

In real terms (deflation by the IGP-DI), this week's average was 11.7% below the ...
Source: Abam
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