Rice market stabilises in July with the pressure of the Exchange, the installments and payment of funding

Changes in the exchange rate scenario, which reflected in export ratio x import, difficulties of payment of debts by producers and the expiration of portions of funding in August, generate new perspective by October
The escalating price of paddy rice started in March/April for the fall in availability of product because of crop failure in southern Brazil and a comfortable foreign exchange position which made imports is already past. Throughout July the prices of rice in the husk (58x10) in Rio Grande do Sul Esalq/SenarRS remained in the House of R$ the R$ 50.30 50.67, wavering slightly.
Last week, last July, the indicator showing a loss of strength came in the quotes, but recovered in two weeks on the last working day, Friday, 29 July day, nailing the advance of 1.2 percent month-to-date, with 50.69 R$ of preçoreferência for the 50-pound bag in bark, in the territory of Rio Grande do Sul. By the day''s Exchange, the rice bag corresponds to $ 15.65.
There are three basic factors that determine this new behavior of prices and all of them are external to the choices of the production chain. Firstly, is the exchange rate. Even though last week a group of economists has published a study saying that Real comes with artificially more valued about the dollar, on top of the stone is worth the price of the day, according to the study, the dollar should be between 3.60 and 3.70 R$ R$, but closed on last Friday, July 29, R$ 3.25.