Brazil: Increased area, irrigation and cultivars help reduce rice prices in Mato Grosso
Rice
Published Feb 27, 2024
Tridge summary
Rising rice prices in supermarkets are attributed to reduced supply from India and decreased planting areas in Mato Grosso, Brazil. To counter this, local producers are developing rice varieties suitable for cerrado soil and using center pivot irrigation to boost production. The State Union of Rice Industries of Mato Grosso (Sindarroz-MT) aims to make the state self-sufficient and potentially an exporter to other states. Prices are predicted to drop around April due to the national harvest and the Mercosur countries. The 5th Grain Harvest Survey by the National Supply Company (Conab) anticipates a 20.9% rise in rice production in the state for the 2023/2024 harvest.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
(By O Documento) The rise in prices for a 5 kg package of rice in supermarkets was caused by the reduction in the supply of the grain in India and the reduction in planting areas in Mato Grosso. India, which is responsible for more than 40% of global rice exports, even stopped international sales of the product at the end of last year. Due to the insufficiency of rice production in Mato Grosso to meet local demand, industries in the sector began to process cereals from Rio Grande do Sul and even imported from Paraguay. Rodrigo Mendonça, president of the State Union of Rice Industries of Mato Grosso (Sindarroz-MT), explains that the scarcity of new areas for planting in recent years has contributed significantly to the reduction in production and, consequently, to the increase in prices. To increase local production, producers and industries in the sector, in collaboration with the Brazilian Agricultural Research Corporation (Embrapa), are developing rice varieties that are more ...
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