Panama to Host World Rice Congress 2011

The country was chosen as the host for the World Rice Congress in June 2011.

Monday, November 22, 2010

This event will bring together more than 500 rice farmers and traders from 40 countries and promote new technologies and machinery for the rice industry.

The congress will be used to study the current behavior of the product and see progress in the industry.

It is expected that the activity, which involves international irrigation and costs experts from worldwide, will have a positive impact in tourism as it is expected that more than a thousand people will participate in the event.

More on this topic

Costa Rican Rice Producers Win $28 million Lawsuit

July 2012

A court ruling has annulled a government decree which set a minimum price for the grain, forcing the government to pay for the material damage that this rule has caused.

Once this judgement has been confirmed, the $28 million, estimated by experts acting in the litigation as the amount the State must pay to producers, will be added to the $104 million that these producers received during 2011 as a grant.

Costa Rica: $104 million in Rice Subsidies in 2011

May 2012

In the last 5 years the pricing system in force has transferred more than $390 million from the pockets of consumers to rice producers.

A statement of the Ministry of Commerce reads:

Rice sector subsidies in excess of $100 million for the second year

San Jose, May 8th, 2012.

Panama Allows Rice Import

March 2012

The country will import 1.3 million quintals in order to compensate for current low crop yields.

The import of an initial quota of 1.3 million quintals of rice to meet domestic demand, was approved by the Agri-Food Rice Chain, which is a body composed by producers, millers, traders, consumers and agricultural authorities.

Rice Production and Prices in Panama

May 2009

Local production of the grain is increasing and approaching self-sufficiency figures, while prices are stable.

The cost of supplies has fallen considerably (50%), which enables an increase in planted area and it could exceed 70 thousand hectares, with yields in excess of 100 thousand quintals per hectare in 2009. In this manner, there would be enough production to achieve self-sufficiency.

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