economy
May 4, 2026
Fevearroz: Producers face crisis due to low prices and difficulties placing harvests
The Venezuelan Rice Federation (Fevearroz) warned that producers in Guárico are going through a crisis caused by two factors: the low prices at which they must sell and the lack of silo capacity to receive harvests. The president of the guild, José Luis Pérez, warned that this represents a critical scenario that jeopardizes profitability in the sector. He explained that companies that financed the cereal's production are only receiving the rice equivalent to the loan amount and that due to lack of space in their silos, they refuse to receive the surplus.
TL;DR
- Fevearroz warns of a crisis for rice producers in Guárico.
- Producers face low selling prices and a lack of silo capacity.
- Financing companies refuse to accept surplus rice due to full silos.
- Imported rice has saturated warehouses, reducing demand for local product.
- Producers are being forced to sell rice below the agreed price of $0.40 per kilogram.
- There is a risk of harvested rice remaining in the field, losing quality and causing economic losses.