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Shipment of rice fertilizer to arrive this week – Ramsammy

Oct 07, 2013 News

Rice farmers can expect the arrival of the first shipment of fertilizer from Venezuela, this week.
This disclosure was made by Agriculture Minister, Dr. Leslie Ramsammy during a press briefing last week.
During a recent visit to Venezuela the Minister succeeded in getting manufacturers to agree to supply Guyana with 5,000 tonnes of fertilizer. But after Venezeulan President Nicolas Maduro visited Guyana some time later, a decision was made to extend that previous agreement to two shipments.
The first shipment of fertilizer was scheduled to arrive in Guyana between the 23rd -24th of September and another, in the following week.
However, the Agriculture Minister explained that the shipping arrangements for the 5000 tons of fertilizer were delayed as ships with which arrangements were made are no longer available for the scheduled dates.
Ramsammy further explained that the ships which sailed to Venezuela, cannot return with the fertilizer, as this cannot be done because the regulations in accordance with the PetroCaribe agreement stipulates that only a special type of ship can be used to transport fertilizer.
However, Minister Ramsammy said “The fertilizer is available at still a very good price that will allow us to make it available to the farmers at a cost that is under $5000 per bag, which means farmers will save between $3000- $5000 per bag and that’s a major saving for farmers who presently pay between $8000-$10,000 per bag.”
He explained that the Ministry is developing a model for the distribution of the fertilizer which will benefit every farmer.
“Whether small or large, how much they get will be dependent on the equation being developed. The small farmer will benefit the most because they will meet close to 100 percent of their need, whereas as you get to the bigger farmers, the allotted percentage will become less.
So at this point, the large farmers will not meet all of their needs through the provision of this, so they will have to buy some fertilizer on the present market that exists and it is possible that some of the large farmers will meet all their needs,” Minister Ramsammy indicated.
“The price of fertilizer is a controlled price that is determined on a daily/weekly basis by the global authorities, so the prices are set… I could tell you that those who are marketing fertilizers today can be wealthy. The price being charged to the farmer makes a good profit. We are not going to be making a profit. We are going to have a small mark-up for handling charges to cover shipping, etc…,”
However, the final cost will be determined when the shipment arrives, and the date of shipping will also determine the price because it is worked out on that exchange.
At the moment, Guyana’s rice farmers require about 20,000 tonnes of fertilizer.

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