Rice liquidity is high

Even with different behaviors between agents in the rice market, according to information from Cepea, movement has been greater in recent days. The ESALQ/SENAR-RS Indicator, 58% whole grains, rose 0,57% in the October partial (until the 22nd), closing at R$ 45,93/sc of 50 kg on Tuesday, 22nd.

The constant rains in Rio Grande do Sul made it difficult to transport loads of “free” paddy rice, driving some rice farmers away from the spot. Other farmers, however, made some lots available in storage to “make cash” and meet harvest commitments.

On the purchasing side, industries were cautious in relation to new acquisitions, aware of the “arm wrestling” regarding the values ​​offered by the wholesale and retail sectors in large consumer centers.