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Home | Agriculture Ministry developing plan to cushion impact of price increases
With the continued increase in feed and fertiliser prices, the Ministry of Agriculture and Fisheries has intensified its discussions with key stakeholders within the sector with a view towards developing a plan to reduce the impact on farmers.
These increases come in the wake of ongoing supply chain disruptions caused by the pandemic and the crisis in Ukraine.
With Russia and Belarus being major suppliers of potassium, one element of the fertilisers that are manufactured in Jamaica, the Ministry is aware of efforts being made by major suppliers to source fertiliser from Africa.
In the interim, the Ministry will continue to provide assistance to small farmers through its Production and Productivity Programme in order to cushion the effects of this global challenge.
The Ministry is also preparing a list of items to be submitted to the Ministry of Finance for consideration for removal of other duties on imported items that are necessary for the enhancement of agricultural production and productivity.
Presently, farmers receive GCT relief on a number of inputs, including fertiliser (except urea) and feeds.
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