Stockpiled rice shipped within three days, set to hit shelves next week

Stockpiled rice shipped within three days, set to hit shelves next week

The rapid shipment is in sharp contrast with previous arrangements using auctions, under which it took months to sell and ship 310,000 metric tons of rice in phases.

Rakuten Quickly Sells Out of Stockpiled Rice; Reservations Still Being Accepted

Government-stockpiled rice became available on the online shopping site Rakuten Ichiba on Thursday and sold out the very same day. Reservations are still being accepted. The rice was procured by the site’s operator, Rakuten Group, Inc., through a so-called discretionary contract.

On the 30th, the Ministry of Agriculture, Forestry and Fisheries began accepting applications for government stockpiled rice to be released under discretionary contracts to small and medium-sized supermarkets and rice stores.

Planting seeds of rice production - Trinidad and Tobago Newsday

RICE can be grown locally. Yet 90 per cent of this vital commodity is imported. According to some estimates, this contributes anywhere between $100 million- $200 million to the food import bill annually. Which means that, since the heyday of rice production ended roughly a decade ago, billions have been spent to put rice on our tables. The UNC government’s continuation, on May 20, of a seed distribution programme begun under the PNM in 2022 is, …