Thursday, May 5, 2011

What Happened To Mysore Mallika

Another blow to the neediest up the rice, well if this continues we will have to eat up the ideas


05/05/1911

SANTO DOMINGO, Dominican Republic .- The National Rice Commission yesterday approved an increase of RD $ 200 a bushel of rice, food must reach consumers to no more than RD $ 22.00 a pound.

The increase was established in an agreement that was signed yesterday at the headquarters of the Ministry of Agriculture, during a meeting with rice farmers and the authorities of that public entity, who make up that commission. Del Miller

wholesaler pound of grain will be sold at RD $ 16.80 RD $ 18.00, that comes to trade retailer to RD $ 2,250 (a sack of 125 lbs.)

President of the Dominican Association of Factories Rice (Adolf), Miguel De Moya, and Agriculture Minister Salvador Jimenez, said that the retailers should not sell a pound of rice to more than RD $ 22.00, since The reverse would be a speculation.

Moya recalled that the increase has been caused by increases that have occurred in recent months in prices of fuel, fertilizer and other inputs used in rice production. In addition to rising interest rates on loans, among other factors.

Defined as "insignificant" increased if one takes into account that since 2008, cereal prices had not changed significantly.

said the increase has been a repeated request of the producers, who spent years being very low profitability.

However, Fenacerd president condemned the trade sector representatives were not invited to these meetings to determine the rise and margins. (Almomento)

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