The Ministry of Agriculture is developing a plan to cushion the impact of price increases | News

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With feed and fertilizer prices continuing to rise, the Agriculture Ministry says it has intensified discussions with key stakeholders to come up with a plan to reduce the impact on farmers.

The increases come in the wake of continued supply chain disruptions caused by the pandemic and the crisis in Ukraine.

With Russia and Belarus being the main suppliers of potassium, an element of fertilizers made in Jamaica, the ministry says it is aware of efforts by major suppliers to source fertilizers from other countries.

In the meantime, the ministry said it will continue to provide assistance to smallholder farmers through its production and productivity program to cushion the effects of this global challenge.

The Ministry of Agriculture also indicates that it is preparing a list of items to be submitted to the Ministry of Finance for consideration for the removal of other duties on imported items which are necessary for the improvement of production and agricultural productivity.

Currently, farmers receive GCT relief on a number of inputs, including fertilizers (except urea) and animal feed.

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