Cassava prices rise in Brazil, monthly average is below June
Published Aug 2, 2021
Tridge summary
Last week, the availability of cassava for processing was low due to producers' focus on separating manioc for new plantings and adverse weather conditions, leading to a surge in industrial demand. As a result, the weekly average price per ton of cassava used for starch production rose by 2.4% to R$ 433.00. Despite this increase, the average price of July was still 4.7% lower than that of June.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
With producers focused on separating manioc for new plantings and the adverse weather (rain in part of the areas and drought in others), the offer of cassava for processing remained low last week, according to information from Cepea. At the same time, industrial demand remained firm, with agents disputing raw material in more distant regions. As a result, the weekly average term per ton of cassava put into starch was R$ 433.00 (R$ 0.7530 per ...
Source: Agroemdia
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