Dear Readers, (by Yves Gagne, <yvesgag47@yahoo.ca)
What will be… : Lamothe's Rice Price Market ?
See : USA Rice Market news as per Sept. 11, 2012., in attachment
Also : Today's World Products Benchmarks :
Long Grain White Rice CHANGE price
100% Grade B -5 $565
5% Broken -5 $555
Long Grain Fragrant Rice CHANGE price
Hom Mali White Rice 100% Grade B New 15 $1,085
Hom Mali White Rice A1 Super 5 $565
Vietnam
Long Grain White Rice CHANGE price
5% Broken 7 $455
30 years ago, Haiti was producing its own rice… What happens today…
The increases are having a devastating impact on the Haiti's urban and rural poor. Some 6 Million of Haitians live on less than $2 a day, rice purchases make up 12 to 20 percent of their total food expenditures.
The best-case scenario, based on an assumption that the cost of food will rise by 10 percent over the next year. More than 5.6 million people in Haiti will be pauperized if food prices jumped by 20 percent and over 8.8 million people if the increase is 30 percent.
History since 2007 :
According to the Agriculture Departments around the world, Rice prices have increased by an average of 27.7 percent since December 2007. The price of medium-grade Thai 15 percent broken rice soared from $360 a ton at the end of 2007 to $735 a ton by late March of the same year. By the end of May, the price for Thai 100 percent grade B white rice, which serves as a regional benchmark, hit $1,038 a ton. See attachments : Today latest USA Market Price
As millions go hungry, Laurent Lamothe (a little boy within the big boys) wants to impose price controls, insisting there is no alternative to allowing “market forces” to set the cost of food. Instead of taking prior actions against hoarding and profiteering, the Haitian Government has contributed to rising prices, according to the United Nations Food and Agriculture Organization.
The sales, which were intended to win support for Martelly, have turned instead into a political nightmare for the Martelly's government, exposing the extent of food deprivation in working class districts. Hundreds of poor families have formed long queues at distribution centres, desperate to buy rice at : an over haitian's price.
In an attempt to dissipate the queues, local government units, the Catholic Church and the Social Welfare Department have been tapped to widen the government’s rice distribution network.
The working masses, callously labelled a “mob of buyers”, had been driven to seek subsidized rice by the unabated surge in prices. In Metro Port-au-Prince alone, the cost of rice rose 19.6 percent in March and 38.4 percent in April. Nationwide, rice prices, after increasing 10.9 percent in March, rose by 24.6 percent in April.
The Haitian Government Officials publicly dismissed the possibility that Haitian-type food riots could occur, (but it will).
The beginning of an another Regime :
The price of rice has always been a politically volatile issue in the World. Haitian government intend to open retail stores to sell low-priced basic food and household items, privatized feed grains and wheat importation and subzidies price controls on rice and corn
The Haitians’s annual subsidized sales will amount to just 6 percent of the rice market and have little impact on overall prices. The private sector dominates the $1.24 billion rice industry. Traders who bought rice in the last harvest from farmers for (low $/pennies) per kilogram will retailing it at more than double or even triple the farm-gate price.
A Financial Government Haitian Review of operations will reveal an accumulated losses in 2012-13 will amount to $1.12 billion, while its outstanding loans will reach $1.60 billion. If private rice traders (competition) are allowed to import and sell rice without any restriction, the supply and price of rice will likely stabilize.
A rationing system, (cannot be limited to the Capital only.)
Moreover, while 750,000 families in Port-au-Price / Petionville will be identified as potential recipients, the cards will be distributed to only 150,000 families, with applications from 350,000 families still being processed and, what about the rest of the country residents. The new distribution system (due to corruption) will be a brutal cutback to stave off mounting losses and further let loose market forces.
The Haitian Government has always had the character of populist half-measure. Historically deprived of resources, it was never meant to end either the poverty of the rice farmers or to adequately meet the needs of the poor. A government-subsidized rice sales will nevertheless have a crippling impact and plunge thousands of families into starvation. In moving to do so, the Haitian bourgeoisie are signalling their determination to remove all barriers to their profit-making, regardless of the dire consequences.
A two-way solution : Thirty years ago, Haiti raised nearly all the rice it needed. What is happening in 2012 ? Through random inquiries, Foreign Small Scale Farmers have a breakeven production of (US $20 – US $25 per 50 KG bag of rice).
Mr. Lamothe, walk to your Ministry of Agriculture, put your Minister and its Employes at work, stop them at writting incredible stories, (cultivate rice). The expertise is all over the world, choose the best and adapt it to Haiti.
Making intuitive, inconsequential promesses, will not feed your people, Mr. Lamothe you have the opportinity to create JOBS with the same projected $$$ investment.
Dear Readers, (by Yves Gagne, <yvesgag47@yahoo.ca)
What will be… : Lamothe's Rice Price Market ?
See : USA Rice Market news as per Sept. 11, 2012., in attachment
Also : Today's World Products Benchmarks :
Long Grain White Rice CHANGE price
100% Grade B -5 $565
5% Broken -5 $555
Long Grain Parboiled Rice CHANGE price
Parboiled Milled Rice 100% STX -15 $590
Long Grain Fragrant Rice CHANGE price
Hom Mali White Rice 100% Grade B New 15 $1,085
Hom Mali White Rice A1 Super 5 $565
Vietnam
Long Grain White Rice CHANGE price
5% Broken 7 $455
30 years ago, Haiti was producing its own rice… What happens today…
The increases are having a devastating impact on the Haiti's urban and rural poor. Some 6 Million of Haitians live on less than $2 a day, rice purchases make up 12 to 20 percent of their total food expenditures.
The best-case scenario, based on an assumption that the cost of food will rise by 10 percent over the next year. More than 5.6 million people in Haiti will be pauperized if food prices jumped by 20 percent and over 8.8 million people if the increase is 30 percent.
History since 2007 :
According to the Agriculture Departments around the world, Rice prices have increased by an average of 27.7 percent since December 2007. The price of medium-grade Thai 15 percent broken rice soared from $360 a ton at the end of 2007 to $735 a ton by late March of the same year. By the end of May, the price for Thai 100 percent grade B white rice, which serves as a regional benchmark, hit $1,038 a ton. See attachments : Today latest USA Market Price
As millions go hungry, Laurent Lamothe (a little boy within the big boys) wants to impose price controls, insisting there is no alternative to allowing “market forces” to set the cost of food. Instead of taking prior actions against hoarding and profiteering, the Haitian Government has contributed to rising prices, according to the United Nations Food and Agriculture Organization.
The sales, which were intended to win support for Martelly, have turned instead into a political nightmare for the Martelly's government, exposing the extent of food deprivation in working class districts. Hundreds of poor families have formed long queues at distribution centres, desperate to buy rice at : an over haitian's price.
In an attempt to dissipate the queues, local government units, the Catholic Church and the Social Welfare Department have been tapped to widen the government’s rice distribution network.
The working masses, callously labelled a “mob of buyers”, had been driven to seek subsidized rice by the unabated surge in prices. In Metro Port-au-Prince alone, the cost of rice rose 19.6 percent in March and 38.4 percent in April. Nationwide, rice prices, after increasing 10.9 percent in March, rose by 24.6 percent in April.
The Haitian Government Officials publicly dismissed the possibility that Haitian-type food riots could occur, (but it will).
The beginning of an another Regime :
The price of rice has always been a politically volatile issue in the World. Haitian government intend to open retail stores to sell low-priced basic food and household items, privatized feed grains and wheat importation and subzidies price controls on rice and corn
The Haitians’s annual subsidized sales will amount to just 6 percent of the rice market and have little impact on overall prices. The private sector dominates the $1.24 billion rice industry. Traders who bought rice in the last harvest from farmers for (low $/pennies) per kilogram will retailing it at more than double or even triple the farm-gate price.
A Financial Government Haitian Review of operations will reveal an accumulated losses in 2012-13 will amount to $1.12 billion, while its outstanding loans will reach $1.60 billion. If private rice traders (competition) are allowed to import and sell rice without any restriction, the supply and price of rice will likely stabilize.
A rationing system, (cannot be limited to the Capital only.)
Moreover, while 750,000 families in Port-au-Price / Petionville will be identified as potential recipients, the cards will be distributed to only 150,000 families, with applications from 350,000 families still being processed and, what about the rest of the country residents. The new distribution system (due to corruption) will be a brutal cutback to stave off mounting losses and further let loose market forces.
The Haitian Government has always had the character of populist half-measure. Historically deprived of resources, it was never meant to end either the poverty of the rice farmers or to adequately meet the needs of the poor. A government-subsidized rice sales will nevertheless have a crippling impact and plunge thousands of families into starvation. In moving to do so, the Haitian bourgeoisie are signalling their determination to remove all barriers to their profit-making, regardless of the dire consequences.
A two-way solution : Thirty years ago, Haiti raised nearly all the rice it needed. What is happening in 2012 ? Through random inquiries, Foreign Small Scale Farmers have a breakeven production of (US $20 – US $25 per 50 KG bag of rice).
Mr. Lamothe, walk to your Ministry of Agriculture, put your Minister and its Employes at work, stop them at writting incredible stories, (cultivate rice). The expertise is all over the world, choose the best and adapt it to Haiti.
Making intuitive, inconsequential promesses, will not feed your people, Mr. Lamothe you have the opportinity to create JOBS with the same projected $$$ investment.