Brazil: rice production is expected to fall to lowest level in 25 years

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The National Supply Company (Conab) estimated that by the end of the 2023 harvest, rice production in Brazil would be below 10 million tonnes.

This is the lowest level in 25 years.

The production of beans should remain at levels similar to those of the last three decades, with almost 3 million tonnes.

According to experts, the lack of incentives to plant rice and beans can bring risks to food security and increase the price of these products.

From 2019 to 2022, beans rose 20% per year, and rice had an annual increase of 15%.


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