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Fiji Rice Announces Boost For Farmers

  Fiji Rice Limited (FRL) in its recent board corporate planning meeting announced an increase in the price of rice paddies price that comes into effect immediately. Company chairman Raj
02 May 2018 10:00
Fiji Rice Announces Boost For Farmers
Rice Farming

 

Fiji Rice Limited (FRL) in its recent board corporate planning meeting announced an increase in the price of rice paddies price that comes into effect immediately.

Company chairman Raj Sharma said the company had secured a contract with Fiji Sugar Corporation (FSC) for supplying rice to cane farmes.

Mr Sharma said in view of the new market, the company wished to pass the benefit to the rice farmers that supply rice paddies to FRL.

“The increase in price is by $50 per tonne and this means that for every tonne, where farmers used to get $750, they will now get $800,” Mr Sharma said.

“There has been shortfall supply of paddy due to unfavourable weather conditions and in some instances, no availability of machines, which has affected the company’s retail sector.”

He said that the supply should be normalised soon.

“There has been huge demand for local brown rice milled by FRL,” Mr Sharma said.

“To FSC, the company is supplying close to 196,900 tonnes to all farmers in Vanua Levu at this stage.

“This market has increased the sale by $275,660 for the company.

“We would like to thank the FSC board and management for giving the opportunity to a local rice company.”

The increase in price has been well accepted by the farmers said advisory councillor of the area Asihka Devi.”

“I would like to thank FRL and Government for this initiative,” Ms Devi said.

“This is one of the first time such price has been offered to the farmers.”

I must commend on the improvements undertaken by the company for the livelihood of the rice farmers.”

 

Future Plans

Fiji Rice Limited general mill manager Ashrit Pratap said the recent plan of the company included further upgrades to the mill operation.

“The company’s new mill opening is planned soon and the company is looking at the official opening by the Prime Minister,” Mr Pratap said.

“The other upgrade includes painting of the entire mill and having it upgraded to cyclone-resistant standards.”

Mr Pratap said that on May 11, company with Pacific Financial Inclusion Programme and Fiji Care Insurance will launch special insurance scheme for the rice farmers.

Feedback:  shratikan@fijisun.com.fj

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