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Rice price increases bring relief to producers, but it does not cover losses over the last 5 crops

Research performed by Cepea in a partnership with CNA (Brazilian Confederation of Agriculture and Livestock) indicate that the rice growing in Rio Grande do Sul state registered negative profitability from 2014/15 to 20128/19, and the worst moments were 2017/18 and 2018/19 crops.

 

In 2017/18, despite the good productivity (above historical average), the gross revenue did not cover the Cash Cost (CC), due to low rice quotes in the domestic market. On the other hand, the 2018/19 crop was affected by climate problems at the beginning and at the end of the season, resulting in lower productivity and, in some severe cases, in area losses caused by floods
Fonte: CEPEA



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