Price of Rice To Drop 10¢

Costa Rica currently imports about half of its rice consumption.

Costa Rica currently imports about of its rice consumption

Costa Rica currently imports about half of its rice consumption

(QCOSTARICA) From the lighter side, but true department – concerned about the high cost of living in Costa Rica? Here is some good news: the cost of rice will drop next week.

Yep, a kilogram of rice will cost a whopping ¢10 colones less. That is ¢20 colones for the typical 2 kg bag sold in supermarkets around the country, more if you buy larger quantities, less if you just buy a handful.

The price drop was published on Thursday (Sept. 1) in the official government newsletter, La Gaceta, following the signing of an executive decree and will be effective on Tuesday, September 6.

But, the price drop only affects rice that with 20% broken rice.

Broken rice is fragmented, not defective; there is nothing wrong with it, just in case you were wondering. According to Wikipedia, it (broken rice) is as nutritious as the equivalent unbroken rice, i.e. if all the germ and bran remains, it is as nutritious as brown rice; if none remains, it is only as nutritious as white rice.

So, on Tuesday, a kilo of this rice will drop from ¢631 to ¢621.

According to Ministerio de Economía, Industria y Comercio (MEIC), 51% of all rice sold in the country is of this type.

The drop is said to be due to a fall in international prices.

Costa Rica currently imports about half of its rice consumption, according to the national rice corporation, the Corporación Arrocera Nacional (Conarroz).

The process that led to the decree to effect such a price drop was, as many things in Costa Rica, a complicated one: it had to be reviewed by the respective ministries and is in the process that include Legal Department of the Ministry of Agriculture and Livestock (MAG) and the  Ministry of Foreign Trade (COMEX), among others.

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About Rico

Rico "Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! Rico brings his special kind of savvy to online marketing. His websites are engaging, provocative, informative and sometimes off the wall, where you either like or you leave it. The same goes for him, like him or leave him.There is no middle ground. No compromises, only a passion to present reality as he sees it!


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