Latest update August 10th, 2026 12:59 AM
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90% of farmers agree on paddy prices
-negotiations continue with millers
As the negotiations for paddy prices continue, a majority of the country’s rice farmers and millers have agreed on fixed prices for a bag of paddy to be sold to millers. These prices vary with millers.
Paddy
It was noted that while a majority of the farmers and millers in Region Five have agreed that a bag of paddy is worth $3700, others cited $3800 as being reasonable.
As of last evening, the Burma Rice Mill at Mahaicony, East Coast Demerara, has decided that a bag of paddy of any grade will be worth $3900.
This was according to General Secretary of the Guyana Rice Development Board (GRDB), Dharamkumar Seeraj.
A few Mahaicony farmers who were anticipating a price of $4000 per bag of paddy said that the additional $100, as insignificant as it may seem, would have covered transportation cost to the mills.
Nonetheless, negotiations into other parts of the country are continuing by the GRDB.
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