Today the rice harvesting season is celebrated during an event in Treinta y Tres. This is the heart of the rice region of Uruguay. Important rice producers and traders such as SAMAN, Arrozal 33 and Cassarone are present in this area.
Up to date almost 70% of rice has been harvested in Uruguay. The first indications show a higher yield than in 2014. International rice prices are lower than last year. For example rice exports from Uruguay to Irak are done at 527 USD per ton whereas last year the price was 70 USD higher.
Protectionist measures in foreign markets such as the US where local producers are receiving prices significantly above export market level are intervening in the international rice markets.