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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Budget 2024 , Rice , Floor Price , Farmer ,

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