Costa Rica's National Rice Corporation will provide material assistance to growers

Published 2024년 4월 24일

Tridge summary

Costa Rica has embarked on a 'Rice Road' plan to lower rice prices by reducing import tariffs and moving towards a free market, posing significant challenges for local rice farmers. In response, Conarroz launched an aid project in early April 2024, with an 850 million colones investment to support rice growers. This project aims to assist rice producers of all sizes across various regions by providing essential materials such as fertilizers and pesticides, covering up to 25 hectares per grower, to help them cope with the transition and maintain production.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Costa Rica's El País reported on April 22 that the "Rice Road" plan promised to reduce rice prices for consumers. The plan includes two measures: the first is to significantly reduce rice import tariffs, from 35% to 3.5% for brown rice and from 35% to 4% for polished rice; the second is to abolish the producer and consumer joint pricing system and replace it with a free market model. Conarroz said that after the implementation of the "Rice Road" plan, many rice farmers were forced to stop producing rice due to the uncertainty brought about by the deregulation of rice prices and the reduction of tariffs in the past 20 months. Conarroz Executive Director Fernando Araya (Fernando Araya) Araya recalled that at the end of 2023, Conarroz started the due process of applying for the aid project through the Integrated Public Procurement System (SICOP) platform; it was not until early April 2024 that SICOP reported that the project was approved by the Office of the Comptroller General of ...
Source: Foodmate

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