Brazil Seeks Rice Imports From Non-Traditional Suppliers
From USDA
Earlier this year, Brazil harvested a large crop which supplied a temporary domestic surge in purchases after COVID-19 response measures were put in place. Strong demand for Brazilian rice has also come from exports. Since the beginning of 2020, the Brazilian real has lost 30 percent of its value, allowing Brazil to export a significant amount, especially to the Western Hemisphere and West African markets.