Reply to "Rice exports bags US$10M more in bumper first crop"

Reeper posted:
Baseman posted:

I believe they are profitable, the big ones at least.   Guyana has a high cost and this needs to be addressed.  They need to benchmark with other low cost producers and dissect their cost structure and adopt best practices.

The govt also needs to explore added value down streaming.  As KP said, they should consider bringing back some elements of F in the FCH program.

What about govt subsidies? Put that oil money to use productively. 

We don't even know what these oil revenues will be.  I think that Guyanese should stop spending money before it is earned.   In any case subsidies in farming need to go to expanding non traditional sectors and also basic food production, including agro industries.  Its a disgrace that Guyana imports fruit juices from Barbados!  Guyana should export its own as well as the concentrates to manufacturers in the Caribbean.

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