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Broken rice makes up 12 to 15% of Brazilian rice processing. Food industries now use it in pet food, breweries, snacks and flour, and it sells at about 60% of the price of white rice.
Stronger domestic demand for broken rice narrows its discount to white rice and reduces its appeal for export, which slightly tightens supply of lower-grade rice.
tridge.comRene BarretoFeb 9, 2021Not 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.
