Paraguay starts 2025 rice harvest, many indicators exceed last year

Paraguayan newspaper El País reported on the 12th that Peña Nieto emphasized the achievements of producers at the event: "We must be proud to recognize that this is the wealth left by producers with courage and determination. This is the success of entrepreneurs. The rice industry has made great progress, but it is far from enough compared to the future development. I encourage you to redouble your efforts to make Paraguay a world power in rice production and quality." Peña Nieto also promised that no new rice taxes will be collected during his term. Javier Jiménez, Minister of Industry and Trade (MIC) Giménez said that the rice sector requires an investment of about $2,000 per hectare of production per year. If this figure is multiplied by the current 220,000 hectares of cultivated land, the investment during the harvest period from October to April of the following year is about $400 million. He stressed that agriculture is the driver of the financial sector, which is the ...