New cost effective rice variant with enhanced micronutrients has potential for market growth

The Ministry of Agriculture recently introduced a new variety of rice in Black Bush Polder, East Berbice Corentyne, which has been hailed as a triumph. Not only is this new variety cost-effective, but it also offers a long-term solution for providing essential micronutrients to individuals who lack access to a diverse diet or other micronutrient-based remedies. The benefits of this biofortified rice extend beyond its nutritional value, encompassing improved mineral and vitamin content, elevated levels of essential amino acids, enhanced fatty acid composition, and increased antioxidant levels in crops. By incorporating biofortification into crop plants, we can ensure that people receive the necessary calories to meet their energy requirements while simultaneously receiving all the vital nutrients needed for optimal health.

The global market for biofortification was valued at approximately US$72 million in 2017 and has grown even further. This growth can be attributed to the rising demand for high-nutritional-value foods and advancements in agricultural technology. The interest shown by farmers and the determination of the Ministry of Agriculture and the GoG will be critical to its success soon. Prime Minister Mark Phillips had said recently. “This rice is a good economic choice for farmers as it possesses excellent early vigour, a good plant type and high yield potential, (68 tonnes per hectare). This will contribute to the economic growth of the country through preferential prices and increased market prices.”