The husked rice market faced a sharp decline in November, especially in Rio Grande do Sul, the main producing state. According to data released by Cepea (Center for Advanced Studies in Applied Economics), the CEPEA/IRGA-RS Indicator — which considers rice with 58% whole grains, with payment on the spot — ended the month quoted at R$ 53.28 per 50 kg bag, the lowest value since the first week of April 2020.