Without finding support, price starts another month in decline

Still without finding support, husked rice prices started November on a downward trend in Rio Grande do Sul. In the first ten days of the month, the CEPEA/IRGA-RS Indicator (58% whole grains; cash payment) fell by 1.1%, operating at R$ 55/sack of 50 kg. According to Cepea researchers, liquidity has been low, considering that market agents remain cautious and attentive to Conab's announcement of cereal purchases. In the field, Irga data indicate that rice sowing in Rio Grande do Sul is nearing completion, with 717.6 thousand hectares cultivated until October 9, which corresponds to 78% of the area planned for the 2025/26 crop. On the external front, with ample domestic availability and greater external attractiveness, ...