Guyana’s rice exports increase 43%

Rice. Image: Mathieu Schoutteten
Agriculture

Boosted by access to new markets in Latin America, Guyana’s rice exports for the first half of 2018 are more than 40% greater than for the same period of the preceding year:

As the Guyana Rice Development Board (GRDB) wraps up its 2018 first crop results from January to June, export volume has increased by 87 000 tonnes compared to the same period last year.

“When we look at the figures compared to the first half of 2017, we saw first that the total volume that has been exported is 290 000 tonnes which is 43 percent more than the 203 000 tonnes than was exported during the first half of 2017,” said general manager Nizam Hassan.

The increase has so far earned the country GYD$23.2Billion (US$111Million) this year. For the same period in 2017, the country earned GYD$16.1Billion (US$77Million).

Hassan credited the increase to the determination of rice producers and millers to meet production targets and more so Guyana’s access to new markets, particularly in Latin America.

“We’ve seen some significant increases in some of the blocks. For example, exports to Latin America jumped by 215 per cent. In the first half of 2017, we did 64 000 tonnes as against 202 000+ tonnes in the first half of 2018.”
Standing out for exports was Mexico and Cuba taking a total of 133 000 tonnes, 45 000 and 88 000 respectively. Both countries did not take during the January to June exports of 2017.

Source: the Barbados Nation.

Previously on Green Antilles: Guyana develops new variety of rice.

[Image: Mathieu Schoutteten]

 

No Comments

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Dasheen farmer, Dominica. Image: scottmontreal
Agriculture
World Bank continues to support post-hurricane livelihoods recovery for Dominica’s farmers

The World Bank continues to support action to restore livelihoods in Dominica’s agricultural sector, post Hurricane-Maria. Via Dominica News Online: The World Bank Board of Executive Directors approved US$16.4 million in additional financing for Dominica to support ongoing projects in the areas of agriculture and infrastructure for climate resilience and economic recovery …

Greenhouse. Image: Jennifer C.
Agriculture
Climate-resilient greenhouse agriculture in the Caribbean

Writing for Forbes, Daphne Ewing-Chow profiles Alquimi Renewables LLC, a company working to address the Caribbean’s food insecurity through climate-resilient protected agriculture: Alquimi’s mission is for Caribbean farms to expand considerably in scale and diversity to the point at which they can augment local farming of indigenous crops and eventually …

Soil. Image: CIAT
Agriculture
How permaculture in the Caribbean can help mitigate climate change

Maintaining and improving soil health is an integral aspect of sustainable agriculture. Not only are healthy soils more productive, they also help to mitigate climate change by absorbing greenhouses gases from the atmosphere. As Daphne Ewing-Chow, writing for Forbes, explains, this is why regenerative agriculture, which reverses land degradation and …