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.