Ghana’s rice sector in crisis as local produce goes unsold

Ghana’s domestic rice industry is facing a severe crisis, with over 200,000 tonnes of paddy and milled rice from the last harvest remaining unsold. Farmers are now harvesting a new crop with no market access for the old one, creating a critical situation.

The core issue is the flood of imported rice, which has surged by 77% over four years to 1.1 million tonnes in 2024/2025, according to USDA data.

This foreign rice, often cheaper and better packaged, has caused the price of local rice to plummet by about 50%, severely squeezing farmers’ incomes.

In response, the government has directed the National Buffer Stock Company (NAFCO) to purchase the unsold stocks and absorb the upcoming harvest, using public funds and a price committee to ensure fair compensation.

However, industry leaders argue that emergency buys are not a long-term solution.

The Competitive African Rice Platform-Ghana (CARP-Ghana) insists that strong trade policies and a clear preference for local produce are essential.

The country’s strategic goal of rice self-sufficiency, currently hovering around 50%, hinges on its ability to protect and empower its own farmers against the tide of imports.

 

Posts Grid

Justice Delayed: Lawyers’ strike postpones trial for AFCON 2025 supporters in Morocco

The trial for 18 football supporters arrested after the chaotic 2025 Africa Cup of Nations (AFCON) final has been postponed. Originally scheduled for February 5,...

Benzema joins Al Hilal in late Saudi League Shakeup, prompting Ronaldo protest

In a dramatic deadline-day move, Ballon d'Or winner Karim Benzema has left Al Ittihad to join Saudi Pro League rivals Al Hilal, the club confirmed...

Champions League:  Anatoliy Trubin’s header writes Champions League history for Benfica

In a stunning finale in Lisbon, Benfica goalkeeper Anatoliy Trubin etched his name into football history, scoring a dramatic 98th-minute header to secure a 4-2...

Burkina Faso: The Machiavellian plan of the neo-colonialists to sow ethnic chaos and make the country ungovernable

Beyond the recent thwarted attempts to destabilize Burkina Faso, a more sinister and long-standing strategy is unfolding. In the face of the firm resistance of...

Football/ PSG sign Barcelona teenager Dro Fernandez amid contract dispute

Paris Saint-Germain have completed the signing of 18-year-old Barcelona midfielder Dro Fernandez on a contract until 2030, in a move described as “unpleasant” by the...

Bayern Munich in talks to extend Harry Kane’s contract

Bayern Munich have confirmed they are in negotiations with Harry Kane over a contract extension, just 18 months after his record-breaking arrival from Tottenham. Sporting...

Leave a Reply

Your email address will not be published. Required fields are marked *