And amidst the battle in the rice industry the Bureau of Standards issued a press release informing the general public that the government has decided on a decrease in the cost of ‘Grade C’ rice.
This grade is generally known as ‘loose’ rice which is seventy percent whole and thirty percent broken and is established at a maximum wholesale and retail price of eighty cents and ninety cents per pound countrywide.
The adjustment to the new controlled price comes into effect on December 23rd, 2015 to allow the industry to ensure that packaged rice is in full compliance at the factory level.
During an interview yesterday with the Belize media, former C.E.O of the Ministry of Agriculture, Sergio Garcia, stated that he does not agree with this change because it doesn’t make any sense. “If we are saying that we are one of the premier countries producing rice, why should we offer Grade C? It’s purely broken”, said Garcia.
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