Information is from Minister Paulo Teixeira (Agrarian Development); the sale was canceled after winners failed to prove technical capacity
The notice for the new auction of imported rice should be published within a week to 10 days, according to the Minister of Agrarian Development and Family Farming, Paulo Teixeira. He gave the statement after meeting with the Minister of Finance, Fernando Haddadwithout providing more details about the competition.
On Tuesday (June 11, 2024), the government canceled the purchase of 263.3 thousand tons of imported rice after assessing that the majority of winning companies did not have the financial capacity to honor the contracts. He informed that the new notice will have the participation of CGU (Comptroller General of the Union), of the AGU (General Attorney’s Office of the Union) and the IRS so that participating companies are analyzed before the auction.
PRICE OF RICE
The objective of importing rice is to guarantee supply and stabilize the product’s prices on the domestic market, which had an average increase of 14%, reaching 100% in some places, after the floods in Rio Grande do Sul in April and May 2024.
The State is responsible for around 70% of the rice consumed in the country.
With information from Brazil Agency.
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