Uruguay: Rice planting intentions increase with good weather forecast

Published Sep 26, 2024

Tridge summary

The Uruguayan rice sector is expecting a recovery in planted hectares due to improved weather forecasts, with an estimated 182 thousand hectares for the upcoming campaign, a increase from last year's 150 thousand hectares. Despite lower monthly prices, annual prices are expected to rise. Water reserves are expected to be sufficient with expected summer rains. The provisional price for the 2023/2024 harvest was set at $17.15 per 50-kilo bag, the highest in history. The total harvest was estimated at 1.3 million tons from around 150 thousand hectares by approximately 500 producers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Diário Ámbito, Uy) The rice sector expects a recovery in planted hectares due to an improvement in weather forecasts, unlike the previous harvest, although prices have registered a drop in the monthly comparison and an increase in the annual comparison. The Rice Growers Association (ACA) together with producers and industrialists carried out a survey of planting intentions and estimated around 182 thousand hectares for this campaign that is already beginning. In this sense, producers were excited about the improvement in weather conditions, since last year they suffered from a lack of water in the fields. In addition, water reserves have enough water and it is expected that the rains next summer will be enough to meet the demand for crops. The increase in hectares is good news for the sector, which ended up being 150 thousand last year, 10 thousand less than the forecasts that were expected for that time when the fields were hit by the lack of water necessary for the development ...
Source: Planetaarroz

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