Three Billion for Rice Farmers | Guyana News

Three billion dollars in direct cash subsidies for rice farmers kicks off next week, with $15,000 per acre for those farming 50 acres or less and $10,000 for larger operations — a promise fulfilled after months of outreach. Amid plummeting global rice prices, soaring input costs like fertilizer, and regional instability, the government is not just handing out cash but also rolling out a multi-pronged support strategy: lowering production costs, boosting yields, and encouraging crop diversification. A massive new drying and storage facility on the Essequibo Coast is set to launch in five years, while this year alone sees $1 billion invested in climate-controlled silos. Past support includes fertilizer aid, seed distribution, pest control, price floor guarantees, crop insurance, and tax relief — all aimed at building long-term resilience for the sector. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9db2fcaf6690cb05