Tuesday 20 May 2008, San José, Costa Rica

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Drought In The Northern Zone To Get Worse
Rice Producers Not Happy With Price of Rice Set By Government
Violent Deaths Paint The Country Red
Arias To Get Medical Treatment In The US
Young Tico Ingenuity Leaves Its Mark In The US

Rice Producers Not Happy With Price of Rice Set By Government
Costa Rican rice producers and the government are at odds over the price of rice, a set back for the government is looking to give producers a new pulse to the sector.

Producers want a higher price set by the government, some saying that stock of rice will only last two months, while the government insists the stockpile is for seven months.

The price set by the government is ˘17.890 colones for 160 pounds, however, producers are demanding a price of ˘21.000 colones.

Producers say that the international price is ˘24.000 colones and that there is no incentive for Costa Rican producers at the price set by the government.

Some producers say that the price set by the government is not enough to cover costs and have no incentive to sow a crop that will not generate enough income to offset costs.

However, the government insists that the price is right and not to hit consumers too hard in the face of a world shortage of the grain.

Eduardo Sibaja, vice-minister of Economy said that the government has considered all the costs and that producers are being greedy. "Following a study the price was defined", said Sibaja.

As for the consumer price at the supermarket checkout, a 2 kilogram back of rice will cost ˘100 colones more in July.
 

 

 

 
 

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