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Large-scale field trials of a new aromatic rice variety commenced on Thursday, offering farmers the potential to earn more than double the price of conventional grain amid falling international prices.
The initiative is being spearheaded by the Guyana Rice Development Board (GRDB), with the candidate line currently being tested in 30 farmers’ fields across the country. The trials form part of a strategic push to penetrate the lucrative aromatic rice market, a segment traditionally dominated by major producers such as India, Pakistan and Thailand.
At the commencement in Black Bush Polder, Region Six, GRDB Chief Scientist Dr Mahindra Persaud explained that the initiative is part of a broader effort to secure better returns for farmers amid global market volatility.
“Prices are falling on the international market… the cost of production over time keeps increasing,” he said, stressing the importance of improved practices and realistic expectations. “Under our conditions, eight to nine tonnes per hectare is achievable if we optimise everything, but claims of 13 tonnes per hectare elsewhere don’t apply here.”
Through the adoption of improved best practices, yields have steadily improved, with some farmers now achieving up to 15 bags per acre under favourable conditions. Guyana currently exports between 70 and 75 per cent of its rice production, making access to competitive international markets critical.
President of the Guyana Rice Producers’ Association (RPA), Lekha Rambrich, described the trials as vital to the future of the industry. “Aromatic rice, or basmati rice, has always commanded high prices in the world market. Whoever plants it properly will get a higher price,” she said.
If successful, the initiative could mark a significant shift for Guyana’s rice sector, moving from competing largely on volume in a price-sensitive market to carving out a niche in the premium aromatic segment.