Rice price falls in 2021 and reduces production attractiveness
Decrease in domestic consumption and lower-than-expected exports in 2021 resulted in an increase in domestic surpluses of paddy rice and also put pressure on sales values in Brazil
ICL, specialized in minerals specialties operating in the agriculture, industry and food markets, received a gold medal in sustainability from EcoVadis, the world's largest and most trusted provider of corporate sustainability, being part of 5% of a group of 75 thousand evaluated suppliers.
"We are excited to be able to share this rating with our customers, who trust us as a supplier global sustainability standards aligned with its own," said Nitzan Moshe, Executive Vice President of Global Operations. "ICL has proud of this achievement, but it is not stopping. We will advance in this classification, minimizing any gaps, improving our practices in all areas of sustainability and will demonstrate our ongoing commitment to all our business partners", he added.
Purchasing teams at more than 600 global companies use the EcoVadis rating to make decisions every day. The evaluation covers four themes – environment, human and labor rights, ethics and sustainable purchasing – and evaluates whether a company has well integrated the principles of sustainability to your business. The methodology is built on standards international sustainability initiatives, including the Global Reporting Initiative, the United Nations Global Compact and ISO 26000, and covers more than 200 categories and 160 countries.
Receive the latest agriculture news by email
Decrease in domestic consumption and lower-than-expected exports in 2021 resulted in an increase in domestic surpluses of paddy rice and also put pressure on sales values in Brazil
TEMPOCAMPO system, from Esalq/USP, recorded that, in the North Region, the total rainfall exceeded 240 mm while in the Northeast Region the most abundant rains were recorded in Maranhão, Piauí and Bahia