Loading…
Brazil’s milled rice imports reportedly surged in early November as the market sought to recover. Uruguay led the recorded supply, while Paraguayan rice was cited as a cheaper sourcing option, about 24% below Uruguay’s price.
Higher imports add to Brazil’s available rice supply and can weigh on domestic prices, particularly when cheaper Paraguayan product is accessible.
After 141 past bearish trade events, Rough Rice moved a median +0.6% over 5 sessions (57% higher; middle half -2.3% to +2.4%), and -0.6% over 20.
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.