Minister Mustapha optimistic about increased paddy price
Minister of Agriculture Zulfikar Mustapha announced that he will be meeting with rice millers soon to discuss increasing the price for paddy. He made this statement during the launch of Nano fertiliser in Region Five on Wednesday.
Currently, some millers in Essequibo are paying $2,300 per bag of paddy, while those in Region Six are paying between $2,800 and $3,000 per bag. To support these prices, the Government of Guyana and the millers have entered into an agreement that backs each bag of paddy sold by farmers.
“I am continuing to meet with millers with the optimism that we will have an increase,’’ he said.
The Minister emphasised that he has been in constant discussions with millers across the country to secure better prices for paddy.
He also pointed out that the price of paddy in the global market has declined significantly.
“We will continue to fight for an increase in price for the farmers. We will support you all,” the Minister stated.