Professional Documents
Culture Documents
China introduced subsidies and removed taxes on agriculture, LIKE machinery subsidy,-monetary assistance i.e,Farmers are offered
a30% discount on agricultural machinery purchased, with a maximum subsidy ranging from $7,720 to $30,879 per item (50,000 to
200,000 Yuan)
• The Agriculture and Cooperatives Ministry came with rice price guarantee scheme - a typical insurance wherein an insurance buyer
will be compensated if problems arise. If no problems are encountered during the harvest period, the price guarantee can be
considered as a hedging cost.
• Chinese scientists recently became the first in the world to prepare a draft genome for the indica race of rice. India rice is by far the
most widely planted in Asia
• to alleviate the main constraints of land and water, Chinese scientists have developed the most successful varieties of hybrid rice in
the world,. More recently, scientists have developed irrigation techniques for rice that reduce water consumption by allowing
intermittent drying of the paddy field, without sacrificing grain yield
• Rice environments-in southeastern China, high temperature and adequate rainfall make an ideal environment for rice cultivation
Brazil
Current Stats
• Brazil is the ninth-largest rice-producing country and largest outside Asia, with
11.3 million t in 2010, 1.7% of the world’s rice production.
• Brazil became rice self-sufficient in 2002-03 and began exporting in 2004, with
36,717 t of rice, climbing to 511,919 t in 2008.
• They hold the majority stake amongst the suppliers for African countries such
as Benin, Nigeria, South Africa, and Cameroon