Panama Will Need to Import More Rice in 2012

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

Friday, November 11, 2011

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.

Alexander Arauz, of the Chiriqui Rice Growers Association, said yields have fallen below 100 bushels per hectare as a result of the excessive rainfall, so that the current crop would only amount to around 5.6 million bushels. Since the country consumes about 7.5 million bushels, the import volume would come close to 2 million bushels, similar to the cycle of 2009.

In addition to the fall in yields, rice farmers have had to deal with increases in production costs and lower selling prices, making it a less profitable activity.

¿Busca soluciones de inteligencia comercial para su empresa?



More on this topic

Rice in Panama: Planted Area Grows 5%

November 2019

For the 2019-2020 agricultural cycle, 67,558 hectares of grain have been planted in the country, an area that exceeds in 5% what was reported for the previous harvest.

92.2% of the total rice crop is unirrigated (62,280 hectares with 988 producers) and 7.8% is irrigated (5,278 hectares of 53 producers), informed the Ministry of Agricultural Development (MIDA).

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 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.

ok