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July 30, 2024
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Rice farmers and the Government have approached each other to discuss the storage incentive

Rice farmers warn of continued decline in the price of paddy grain

After the rice growers’ union sent a letter to the new Minister of Agriculture, Martha Carvajalino, expressing their concern about the second half of the year harvest, and the low price at which rice is being sold, It was confirmed that there have already been approaches to discuss the problems of the sector.

(See: Rice farmers warn of continued decline in the price of paddy grain)

The general manager of Fedearroz, Rafael Hernández, confirmed to CM& that the current head of the portfolio expressed interest in reviving the rice storage incentivewhich would be “essential” for this coming harvest.

It should be noted that this year the measure was not applied by decision of former Minister Jhenifer Mojica, although with this They seek to protect the harvest and store rice especially for the beginning of the year and in this way supply the population.

(See also: Imports of agricultural products showed a downward trend until April)

In addition, as the second harvest is consolidating as one of the largest, the union expressed its concern because the price is already down and with the surpluses from this, The price paid for grain could continue its downward trend.

Rice

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We seek to protect the farmer in the vertical fall of prices due to temporary oversupply“Hernández told the media. They added that The incentive could be worth $20 billionwhich should be evaluated by the Government in terms of production, compared to the planted area.

(Read More: Rice farmers request security and investment from the National Government)

For his part, the general manager highlighted that “I see an interest, which I appreciate from the new Minister of Agriculture, in meeting with us and for us to discuss the situation, looking for solutions to this, which we have been looking for for a long time. The dialogue between the union and the Government has improved by 100%.”.

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