Rice Prices Witness Significant Decline in February

The Cepea/Irga-RS Index for February unveiled a substantial 14.24% reduction in the cost of paddy rice, positioning the average price at R$112.79 for each 50 kg bag. This noteworthy fall from January’s valuation nonetheless maintains rice prices 29.3% higher than those of February 2023, once adjusted for inflation per the January 2024 IGP-DI. Price declines […]

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