Rice and its production chain saw a 23-24 harvest, price rises, and devaluation discussions. Rio Grande do Sul’s floods in May also affected them. Though a little crop drop, SindArroz-SC’s forecast of superior grains and Santa Catarina’s ranking as Brazil’s second-largest producer was met. The 2024-25 harvest is promising after the entire production chain struggled. All rice has been planted in Santa Catarina, and the harvest may reach 1.2 million tons at the end of January.
Source: Safras&Mercado (*Translated by Ia Niani)