The wholesale price of rice (Agulhinha) in Brazil has increased substantially between May W3 2020 to May W2 2021. The YoY price increase of the Brazillian rice stood at 49.35% during this period. It is estimated that it would produce 7.5 million tons of rice in 2021, a drop of 3.3%. This has caused hikes in domestic rice prices in recent months.
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