• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Countries to which Ecuadorians can travel without a visa
New air routes will arrive in Ecuador in June
Asian supermarkets participate in Macro Business Roundtable
Smithsonian Museum returns heritage assets to Ecuador
Buyers from 30 countries will be at the Macro Business Roundtable
National Court requests red notice from Interpol for María Duarte
The cheapest vehicle in the world could not circulate in Ecuador
Businessman Daniel Noboa announces his candidacy for the Presidency of Ecuador
Lasso: Never again will a president be left in the hands of a conspiratorial Assembly
Colors of the flag of Ecuador shine in Spain and Australia

Saturated market and smuggling affect the price of rice

Posted On 11 Oct 2017

Ecuadornews:

 

 

Rice producers are calling for low prices. On Tuesday, October 10, 2017, they blocked the main roads in the Guayas province in order to attract the attention of the authorities. Currently, the minimum support price for the 200-pound rice bag – with 20% moisture and 5% impurities – is at USD 35.50.

But farmers say that private companies pay between USD 18 and 26. These values, they say, are not enough to cover production costs, which are estimated at USD 30 per bag.

The producers claim that the entry of smuggled rice from Peru has depleted the national product market. One quintal of Peruvian rice is sold at USD 25.

The president of the Chamber of Agriculture Zone II Kléber Sigüenza pointed out that it is necessary that state subsidies focus on small producers, whose productive structure is affected by the high costs of inputs, goods and services in the face of low productivity. He added that this sector is not properly modernized. (I)

 

 

Source: http://www.elcomercio.com/actualidad/mercado-saturado-contrabando-precio-arroz.html

About the Author
  • google-share
Previous Story

Diversity and costs challenge cooperatives

Next Story

Economic measures: changes in taxes and labor contracts

SEARCH

LATEST NEWS

Countries to which Ecuadorians can travel without a visa

Posted On 31 May 2023

New air routes will arrive in Ecuador in June

Posted On 31 May 2023

Asian supermarkets participate in Macro Business Roundtable

Posted On 30 May 2023
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net