Concerns over meeting local consumption forced Guyana to significantly reduce its rice exports to some of its traditional markets last year, according to the Ministry of Agriculture’s Commodity Market Update (CMU) for the fourth quarter of 2010.
According to the latest CMU, released by the Agriculture Ministry, while Guyana continued to receive requests “to support other countries,” exports had to be reduced “to ensure that there are adequate supplies for the local market.” The volume of rice exported to Caribbean Community (CARICOM) markets reduced by 4.92% in December while exports to European markets dipped by 26.3% compared with the
