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padi floor price

Farmers welcome new ceiling price for padi seed incentive: exco

Farmers in the country have welcomed the government initiative to implement a new maximum control price adjustment for the Certified Padi Seed Incentive (IBPS) programme in Peninsular Malaysia, which came into effect yesterday.

Higher padi floor price won’t affect buyers, but won’t solve ‘shortage’ either: Mydin boss

While the government's decision to increase the floor price for padi will not affect consumers and retailers since rice is price-controlled, it will not help boost the supply of local rice, said Mydin managing director Datuk Ameer Ali Mydin.

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