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Cepea reports that rough rice prices in Rio Grande do Sul are holding steady as industry demand is low and exports have weakened after earlier heavy purchases by importers. Producers are focused on planting the new crop and are selling only to cover costs.
Weak domestic and export demand keeps Brazilian rice prices flat, and a weaker dollar makes exports less attractive. Prices are unlikely to move much until demand picks up.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.