Panama will export rice to Costa Rica

Next week Panamanian rice producers will begin to export the first 350 thousand hundredweight (100 lbs) of the grain to Costa Rica.

Wednesday, August 13, 2008

The president of the Association of Rice Producers of Chiriqui (Aach) said that they are only waiting on the Costa Rican buyers to define (along with the Ministry of Commerce) what will be the terms of import, so that the initiative does not affect local producers in Costa Rica.



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Panama Extends Deadline for Importing Rice

July 2015

Up until December 31st there is time to import up to 1 million hundredweight of paddy to supply the domestic market.

A modification of the decree extends the deadline until December for the import of grain, which must come only from the United States.

In future scenarios it is expected that rice imports will be similar, based on the difficulties faced by local producers as indicated by the decrease in the amount of land under cultivation.

Costa Rica: Investment in Rice Industry

October 2013

In the last year 11 rice industries invested $14 million to deal with changes in the international market and local pricing.

Nacion.com reports: "These investments are being made in the new context that is expected with the liberalization of grain prices from 1 March 2014 and the start, two years later, of the gradual reduction of 35% tariffs on imports from the U.S.".

Excess Rice Production Concerns Government

June 2011

The Costa Rican Ministry of Agriculture, along with producers, is looking for a quick solution to excessive rice production.

The solution to the problem is closely linked to actions that depend on the approval of tenders or finding more money, remarked Tannia Lopez, the Vice Minster of Agriculture.

Panama Considering Importing Rice

September 2009

3 to 4 million quintals must be imported according to estimations by farmers.

Rice growers from the province of Chiriquí won't be able to reach their goal of planting 65.000 hectares.

"We'll hardly reach 50.000 hectares, and 7 million quintals are needed to supply the market. We'll only get 5", said Alexander Araúz, president of the Rice Growers Association of Chiriquí, known as Apach.

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