Rice farmers in Black Bush Polder, Corentyne yesterday took to the streets to voice their frustration at the current reduced prices being given to them by millers for their paddy which they said are expected to take them into losses, however, millers are contending that due to the effects of the world market prices, the reduction is necessary.
Stabroek News learnt that several weeks ago, the rice farmers were told they would be given $70,000 per metric ton of paddy. However, on Monday they were informed that they would now be given $65,000 per metric ton – a price which is expected to further decrease later in the week.
Stabroek News has been reliably informed that while Region Six is being given $4,250 per bag, Region Two is receiving $3,200 per bag.