Panama Still Not Decided On Rice Imports

It will not be until February next year that there will be a discussion on import quotas, when a new inventory will be compiled.

Wednesday, September 4, 2013

Prices, climate issues and lack of funding will results in failure to achieve the goal of planting 67,000 hectares of rice in the current crop.

However, the chief of the Rice Growers Association of Chiriqui (Apache), Carlos Santanach, said that the local market will have not have shortage of rice and that this years new crop is currently growing.

"... In the last inventory, conducted in the first week of August, it was recorded that in the mills and supermarkets there were 1.4 million quintals, which ensures local consumption for about three months, more than what the current crop will produce " reported Capital.com.pa.

However, Santanach explained that there is a possibility that the sector will not reach its goal of planting 67,000 hectares because of issues prices, climate and financing."We have our doubts and all indications are that it will be difficult to reach the planned amount of hectarage, although we can not ignore that the rice growing season ends in April 2014," he added.

Meanwhile, Abdiel Aizprúa, technical secretary of Agri-Food and Rice Production, said no one can speak of any possible rice imports until next February which is when a new inventory will be made."There is enough rice stored and in the field right now," he added.

¿Busca soluciones de inteligencia comercial para su empresa?



More on this topic

Problems for Rice and Maize in Panama

January 2013

The amount of areas planted with rice is lower than last year, while corn has grown, generating storage problems.

Capital.com reports that for rice "Over the past year 1.3 million quintals had to be imported and now we have to wait until the end of the harvest in order to determine the amount that will be needed to be brought in from abroad, which is assumed will be greater. "

Panama Will Need to Import More Rice in 2012

November 2011

Domestic production from this agricultural cycle will leave a shortfall of 9,000 hectares.

While the Panamanian rice sector has never been able to satisfy domestic demand, in this cycle it will be even more dependent on imports. In 2010, 64,400 hectares were planted and 1.2 million bushels of grain had to be imported, while at present only 57,456 have been planted, falling far short of the projected target of 68,000.

Panama: Rice Certification

August 2009

Authorities and growers are considering installing neutral laboratories to certify rice quality.

Panamanian officials will visit Nicaragua in September, to learn about this country's experience, as they have 12 laboratories operating in the most important rice mills.

"Abelardo Carles, manager of the National Product Exchange (Baisa), explained that they intend to install a laboratory with interested mills, but they would be independent", reported Prensa.com. "Baisa would assume the cost, which would range between $20.000 and $25.000 for each one".

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.

ok