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    Home > Food News > Food Articles > The price of Brazilian rice has risen by nearly 70% in one year

    The price of Brazilian rice has risen by nearly 70% in one year

    • Last Update: 2021-03-26
    • Source: Internet
    • Author: User
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    The National foodmate.
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    html" class="zdbq" title="Consumer-related food information" target="_blank">Consumer foodmate.
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    html" class="zdbq" title="Price related food information" target="_blank">Price Index (IPCA ) recently released by the Brazilian Institute of Geography and Statistics (IBGE) shows that in the past 12 months, domestic foodmate.
    net/tag_275.
    html" class="zdbq" title="Rice-related food information" target="_blank">rice prices have risen by nearly 70%.
    In this regard, experts explained that the factors contributing to the increase in rice prices come from multiple sources, including the foodmate.
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    html" class="zdbq" title="Epidemic-related food information" target="_blank">epidemic , exchange rates, and planting costs.
     
    The Brazilian website "G1" reported on March 23 that Lucilio Alves, a professor at the Luis de Queiroz School of Agriculture (Esalq/USP) and a researcher at the Esalq/USP Advanced Research Center for Applied Economics (Cepea), University of São Paulo, Brazil ) Explained that since the outbreak of the new crown epidemic in March last year, the increase in the number of households in Brazil has led to an increase in rice consumption; the appreciation of the U.
    S.
    dollar against the real, rice producers are more willing to export their products to obtain higher profits, which directly leads to rice on the domestic market Products cannot meet consumer demand; in addition, the increase in fertilizer prices during the epidemic has pushed up the cost of rice cultivation, which ultimately led to product prices.
    foodmate.
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    html" class="zdbq" title="Consumer-related food information" target="_blank">Consumer foodmate.
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    html" class="zdbq" title="Price related food information" target="_blank">Price foodmate.
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    html" class="zdbq" title="Rice-related food information" target="_blank">Rice foodmate.
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    html" class="zdbq" title="Epidemic-related food information" target="_blank">Epidemic
     
      The Brazilian website "G1" reported on March 23 that Lucilio Alves, a professor at the Luis de Queiroz School of Agriculture (Esalq/USP) and a researcher at the Esalq/USP Advanced Research Center for Applied Economics (Cepea), University of São Paulo, Brazil ) Explained that since the outbreak of the new crown epidemic in March last year, the increase in the number of households in Brazil has led to an increase in rice consumption; the appreciation of the U.
    S.
    dollar against the real, rice producers are more willing to export their products to obtain higher profits, which directly leads to rice on the domestic market Products cannot meet consumer demand; in addition, the increase in fertilizer prices during the epidemic has pushed up the cost of rice cultivation, which ultimately led to product prices.
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