Price of Rice Reduced for Costa Rican Producers

The Ministry of Economy signed a decree to reduce the price of rice to domestic producers.

Wednesday, October 27, 2010

The Minister of Agriculture and Livestock (MAG), Gloria Abraham, announced the decree without giving further details on pricing.

La Nacion, on its website, includes comments from the minister: "The price of rice paid by the industry to producers has been set at ¢ 24,315 per 73.6 kilos bag since 2008, ... the Government put on the negotiating table a price close to ¢ 19,000 per bag."

The issue of rice subsidy for farmers through pricing is a hot topic in Costa Rica. In his blog at Elfinancierocr.com, Juan Carlos Hidalgo criticized this grant, calling it "immoral." (See The Immoral Subsidies for Rice).

More on this topic

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.

Costa Rica: New Price for Rice

October 2010

Starting January the 73.6 kg. bag will cost producers ¢ 20,050 ($ 39.3).

Producers had proposed a price of ¢ 21,372 ($ 41.89).

Oscar Campos, president of the National Assembly of Rice Producers, said that in exchange for a reduction in the price, the Government was to implement a program to improve competitiveness until 2020.

Controversy Over Rice Subsidy

October 2010

The multimillion dollar figures which Costa Rica spends on protecting rice production has sparked controversy between critics of the system and producers.

The issue was exposed to the public when a group of countries complained before the World Trade Organization (WTO) (see

Costa Rica: Authorities and Rice Producers Analyze Rice Subsidy

October 2010

The parties created a working group to come up with a solution to the conflict generated by rice subsidies.

The problem arose by questioning submitted to the World Trade Organization (WTO) from 35 countries.

La Nacion, reports on their website, "The basic point of the problem is the price of the grain. This is the only product which price continues to be set by law."

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