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Ecuador Will Buy 15,000 Tons of Rice After Commercial Tension with Colombia

Summary by expreso.ec
What you should know The State buys rice directly from producers of Guayas and Los Ríos to stop the price drop after the 190,000 tons of oversupply accumulated by the winter harvest and the closure of the Colombian market.The program pays between $34 and $36 per bag according to the type of grain, without intermediaries, with a budget of $8 million channeled through BanEcuador.The sector asks for a second round of purchase and warns that the acc…
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What you should know The producers of Guayas and Los Ríos demand a second round of purchases to fix prices.The Ecuadorian government acquires the grain directly to stop the oversupply.The guild has already requested a second acquisition of similar volume, while the prices remain under pressure.The imposition of reciprocal tariffs of up to 100% completely paralyzed the formal trade in rice between Ecuador and Colombia since March 2026.This trade …

What you should know The State buys rice directly from producers of Guayas and Los Ríos to stop the price drop after the 190,000 tons of oversupply accumulated by the winter harvest and the closure of the Colombian market.The program pays between $34 and $36 per bag according to the type of grain, without intermediaries, with a budget of $8 million channeled through BanEcuador.The sector asks for a second round of purchase and warns that the acc…

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expreso.ec broke the news on Tuesday, May 26, 2026.
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