Rice, one of the few good news in the midst of the drought

Rice, one of the few good news in the midst of the drought

The rice harvest is already above 50% at the country level, and it is expected to exceed the floor of 9,000 kilos per hectare for the third consecutive time.

The rice harvest It is already above 50% at the country level, and it is expected to be one of the crops with the highest yield in the context of the extreme drought that strongly affected the agricultural sector of Uruguay, thanks to being under irrigation.

The rice sector will probably be the one that brings the best news for agriculture this harvest, with projections of good harvestsespecially in those sectors where the irrigation sources did not dry up or where the high temperatures did not cause major problems in the quality of the grain.

In this sense, and according to the Rice Growers Association (ACA)the last week registered threshing at a general level above the average of 50%, with greater advances in the north, the center as the most lagging area and the east of the country around the average percentages —although with a greater area of ​​rice planted.

Although the harvests are advancing at a good pace, compared to last year they are somewhat delayedParadoxically, due to the rains, as well as strong winds and hail, nothing positive at harvest time.

Likewise, yields have been very good and there is optimism exceed 9,000 kilos nationwide for the third time in a row—and in history. In fact, it is estimated that a figure close to that of last year could be reached, which closed at 9,200 kilos per hectare.

Regarding the potential, from the ACA they rescue the good expected returns although somewhat less compared to the first sensations, when they warned that there was more rice at the chakra level that could not be raised.

In search of the final price

Meanwhile, meetings between the Rice Growers Association and the industry began to define the final price of the 2021/22 harvest. The provisional price was set at $11.45 per 50-kilo bag, but it is likely that said value will improve in view of the final price. Next week there will be news.

In terms of export, The union estimates that the industry has sold 20% of the harvest so far, with good prices.

Source: Ambito

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