Brazil: Cassava values renew Cepea series records

Published 2023년 1월 2일

Tridge summary

Cassava production in Brazil's Center-South region saw a decline in 2022 due to a reduction in planted area and adverse climate conditions, leading to a decrease in production by 0.3% to 1.27 million tons. The area harvested for cassava also saw a decrease of 0.6% to 1.2 million hectares, and productivity fell by 0.9% to 14.8 tons per hectare. Despite these challenges, the demand for cassava remained strong due to its commercialization as flour and starch, resulting in price records on Cepea and intense competition among companies.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The decrease in planted area and climate effects between 2020 and 2022 reduced cassava production in 2022 in all states of the Center-South. With firm demand and competition for the raw material, prices rose throughout 2022, renewing Cepea series records. The area harvested with cassava in Brazil was estimated at 1.2 million hectares this year, down 0.6% compared to 2021, according to IBGE data. Productivity should retreat 0.9% in the same comparison, to 14.8 t/hectare, which may decrease production by 0.3%, to 1.27 million tons. In addition, low starch and productivity yields in many periods of the year have restricted interest in the crop. The demand for ...

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