MRF welcomes rice companies, millers to join contract farming

Myanmar Rice Federation (MRF) invited rice companies and millers who want to participate in the contract farming system in the coming summer paddy season.
The Ministry of Agriculture, Livestock and Irrigation is supervising to implement of a contract farming system on 850,000 acres of summer paddy in the 2022-2023 season, providing payment-in-kind (seeds, fertilizers, diesel) instead of cash and the summer paddy growers will be entitled to receive K200,000 worth of payment-in-kind per acre through the Agriculture Development Fund. This plan aims to boost the paddy yield through the support of agricultural inputs (fertilizers, seeds and others) and conduct supply chain financing connecting the farmers, millers and companies, according to the MRF’s statement.
The federation has already informed the companies and affiliated associations on 2 August and 28 entities (companies, businesspersons) replied with expressions of interest for 48,533 acres of summer paddy. The federation is coordinating them.
As this contract farming scheme aims to cover 850,000 acres, those interested companies and millers who meet the criteria for contract farming must submit the location and number of acres that they want to work to the federation by 3 pm on 9 September 2022. The federation will forward them to the Department of Agriculture on 12 September 2022. Those interested entities can contact MRF for further information. — NN/GNLM