Brazil’s rice market shows a slow pace as producers focus on the upcoming harvest

The Brazilian rice market has shown signs of slowness, with negotiations proceeding gradually as producers focus their efforts on preparing for the next harvest. According to Evandro Oliveira, an analyst at Safras & Mercado, this situation has resulted in low liquidity, with retailers resisting price adjustments and processing units facing difficulties in moving the product. "In this context, external demand has become essential to sustaining prices for paddy rice. Exports have played a crucial role in preventing the formation of high stocks, which could negatively pressure prices in the domestic market," highlighted Oliveira. In the 2024/25 commercial season, between March and August, rice exports (paddy basis) totaled 665.06 thousand tons. In the previous cycle, 2023/24, the accumulated volume was 796.86 thousand tons. The most recent report on shipments at Brazilian ports (Line Up) brought important data on rice export and import operations. Among the main highlights are the ...