Price of rice drops in RS with low demand and exportation

Facing the low need for spot purchases by the industry and the weakening of exports, the husked rice market in Rio Grande do Sul remained under strong downward pressure throughout November. According to researchers at Cepea, this scenario, coupled with the advance of sowing and the slow outflow, led quotations to the lowest levels in over four years. The CEPEA/IRGA-RS Indicator (58% whole grains, cash payment) ended November at R$ 53.28/sack, the lowest since the first week of April 2020, accumulating declines of 5.4% in the month and 46.27% for the year. In the field, the cultivation of the 2025/26 crop is nearing its end in Rio Grande do Sul, the main producing state. The ...