🍚 Rice and fall

Rice producers in Brazil are bracing for a difficult year ahead. After a bumper harvest across Brazil and neighboring countries that swelled inventories, prices have plunged, prompting farmers to cut back on planting in hopes of rebalancing the market.

Producers are also struggling with rising costs and more expensive credit. Many have endured years of climate-related setbacks. Roughly 70% of Brazil’s rice…

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