Brazil: Rains limit rice harvest in Rio Grande do Sul, prices remain firm

Published 2023년 3월 29일

Tridge summary

Rainy weather in Rio Grande do Sul has delayed the rice harvest, leading to a decrease in the volume of cereal available for trading. Despite this, demand from processing units in various states and for exports remains strong, contributing to rice prices remaining stable throughout March, closing at R$87.13/50 kg bag on Tuesday, 28th.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Rains have been limiting the progress of the rice harvest in Rio Grande do Sul. According to Cepea employees, this scenario has resulted in a lower volume of cereal available for trading. Demand, in turn, is heated by processing units in several states, and demand for export remains firm. In this ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.