Rise in rice floor price spurs local producers to boost yield


KUALA LUMPUR: The government’s move to raise the floor price for rice to RM1,300 from RM1,200 a metric tonne has spurred local rice producers in Perak, Kelantan and Kedah to boost their yields.

In Perak, rice farmer Shaiful Shahrin Ahmad Pauzi, 39, said the move would help cover the rising cost of crop seeds and other agriculture inputs, adding that they were still able to carry on even with the current price of RM53 per sack compared to the previous RM35.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Budget 2024 , Rice , Floor Price , Farmer ,

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