Prices for paddy rice remain firm in the Rio Grande do Sul market

Active demand and sales restrictions support rice prices

31.03.2021 | 20:59 (UTC -3)
Cepea

Paddy rice prices remain firm in the Rio Grande do Sul market. According to Cepea researchers, buyers are more active in the market, seeking to fulfill contracts with the wholesale and retail sectors in large consumer centers.

Producers, on the other hand, show low interest in making new sales and, as a result, continue to fulfill contracts already signed, in the expectation of more attractive prices in the coming weeks. Agents also reported logistical difficulties in recent weeks, especially due to the advance of the soybean and summer corn harvests in the state.

Between March 23 and 30, the ESALQ/SENAR-RS Indicator, 58% whole grains, advanced 0,4%, ending at R$ 86,93/sc of 50 kg on Tuesday, 30. In the field, the harvest of the 2020/21 season was 43,43% of the total area implemented in Rio Grande do Sul, according to data from the Rio Grandense do Arroz Institute (Irga) released on March 25.

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