Brazil: Rice husk prices remain practically stable in Rio Grande do Sul

Published 2023년 4월 26일

Tridge summary

Paddy rice prices in the Rio Grande do Sul spot market have remained stable with minor fluctuations. The resumption of cereal purchases by part of the sector's agents has increased liquidity and supported prices. However, producers are hesitant to engage in new negotiations as they anticipate higher values due to upcoming equipment purchase needs. Meanwhile, some rice growers have increased supply due to reaching internal value levels close to export parity.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Photo: Paulo Lanzetta Paddy rice prices have been registering only slight fluctuations in the Rio Grande do Sul spot market. According to Cepea employees, part of the sector's agents gradually resumed cereal purchases last week, increasing liquidity and sustaining prices in the state. However, the interest of producers in new negotiations was limited, since these agents have expectations of higher values, due to the need to purchase the devices. On the other hand, isolated cases of greater supply from rice growers were recorded. This is because these sellers consider that internal values have approached the minimum acceptable level, which is the export parity. Source: Cepea Trained in Pharmacy. He currently works at Jornal Contábil as an Editorial Assistant, being responsible for publishing and scheduling the Portal Dia Rural. See author's posts Your ...
Source: Noticias

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