Rice prices in Rio Grande do Sul end the week higher.

The market of rice Crushed soybeans ended the week with price increases in Rio Grande do Sul, maintaining a positive trajectory in the main monitored benchmarks and consolidating prices above R$ 80 per sack. According to data from CEPEA/IRGA-RS, the upward movement gained strength over the last few days and also extended the gains accumulated in September.

The Paddy Rice Indicator (58%) for whole grains closed this Friday, September 18th, at R$ 81.92 per sack. The price advanced 0.31% on the day and accumulated a gain of 4.53% for the month. In commercial dollars, the value reached US$ 15.92.

Compared to the beginning of the week, the indicator went from R$ 79.78 on Monday the 14th to the current R$ 81.92. The advance in the period was approximately 2.7%. After a slight drop of 0.01% at the beginning of the week, four consecutive increases were recorded.

The movement was also positive for rice with yields between 59% and 62% of whole grains. The average closed Friday at R$ 82.94 per sack, with a daily increase of 0.52% and an accumulated advance of 4.30% in September. In dollars, the reference ended at US$ 16.12.

In this segment, the price rose from R$ 80.98 on Monday to R$ 82.94 at the weekly close, an increase of approximately 2.4%. Unlike the 58% indicator, the average showed appreciation in all surveys during the week.

According to Sergio Cardoso, an analyst in the rice supply chain, the data confirms a shift in the market's rhythm, which is ending its most stable period. Attention now turns to the supply reaction, given the possibility that higher prices will stimulate sales or encounter resistance from producers.