# E’bo rice farmers getting higher rice price - Kaieteur News

> Rice farmers in Region Two of Guyana, along the Essequibo Coast, are now being paid G$2,900 per bag of paddy, up G$100, with some large mills paying G$3,000 for top-grade paddy. The rise follows farmer appeals in February and recovering rice exports to Mexico and Cuba.

- Date: 2018-04-15 · published 2018-04-15T12:00:00.000Z
- Category: trade · region Guyana · magnitude low
- Page: https://feedsoft.ai/events/65582-e-bo-rice-farmers-getting-higher-rice-price-kaieteur-news
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Stronger export demand from Mexico and Cuba is lifting local paddy prices in Guyana, a small regional supplier. The effect on world rough rice prices is likely limited.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-12-01 | [Strong exports help buoy the market and point to higher prices - Rice Farming](https://feedsoft.ai/events/55670-strong-exports-help-buoy-the-market-and-point-to-higher-prices-rice-farming.md) | -1.4% | +3.8% |
| RICE | 2020-02-17 | [Rice Prices Touch 4 Months High: Demand from Africa - Grainmart News](https://feedsoft.ai/events/54673-rice-prices-touch-4-months-high-demand-from-africa-grainmart-news.md) | +0.3% | +2.1% |
| RICE | 2021-04-12 | [Now, Vietnam begins buying higher grade rice from India  - The HinduBusinessLine](https://feedsoft.ai/events/47692-now-vietnam-begins-buying-higher-grade-rice-from-india-the-hindubusinessline.md) | -1.6% | +8.4% |
| RICE | 2024-08-28 | [Global factors affecting cotton and rice markets - Brownfield Ag News](https://feedsoft.ai/events/28865-global-factors-affecting-cotton-and-rice-markets-brownfield-ag-news.md) | +0.2% | -1.9% |
| RICE | 2018-09-26 | [Promising future for rice exporters](https://feedsoft.ai/events/63116-promising-future-for-rice-exporters.md) | +3.9% | +9.6% |

## Sources

- kaieteurnewsonline.com: https://kaieteurnewsonline.com/2018/04/15/ebo-rice-farmers-getting-higher-rice-price/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.