Flooded fields, potential crop delays add to South American rice trade’s anxieties
November 23, 2023 Comments Off
Floods now submerging large swathes of Paraguay’s agricultural land and disruptive, heavy rain elsewhere in South America’s rice growing regions are raising concerns about the development of the 2024 harvest, exporters told S&P Global Commodities Insights. South American rice stocks are now thin, driving up their price to the extent that Brazil is now importing at least one 30,000 mt…
Flooded fields, potential crop delays add to South American rice trade’s anxieties
Floods now submerging large swathes of Paraguay’s agricultural land and disruptive, heavy rain elsewhere in South America’s rice growing regions are raising concerns about the development of the 2024 harvest, exporters told S&P Global Commodities Insights. South American rice stocks are now thin, driving up their price to the extent that Brazil is now importing at least one 30,000 mt…
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