The Ministry of Agriculture, Livestock, and Fisheries in Ecuador has announced that Comextil, a mill in Los Ríos, will settle its outstanding payments to rice producers beginning February 18, as part of measures to ensure fair income for small and medium rice producers.
The Ministry of Agriculture, Livestock, and Fisheries (MAGP) in Ecuador has reported that through monitoring of contractual obligations, it was discovered that Comextil, a mill in the Los Ríos province, owed payments to local rice producers. The Ministry announced that these pending payments will be settled starting February 18, as part of a delegated management mechanism aimed at ensuring fair income for small and medium rice producers. The Minister's statement indicates an active approach to ensuring that obligations are fulfilled by local businesses, which is crucial for supporting agricultural producers in the region.
Furthermore, the Ministry has noted that in December 2025, it facilitated a substantial payment of $1,136,285.71 to Comextil S.A., indicating prior financial support or transactions involving the company. This move signifies the government's commitment to not only hold producers accountable but also ensure that they receive the financial compensation owed to them in a timely manner. It highlights the importance of agricultural sectors in regional economies and the role of the government in sustainable agricultural practices.
This initiative is significant for the rice farmers of Los Ríos, who rely heavily on timely payments for their produce. Ensuring that millers like Comextil fulfill their payment obligations directly impacts the economic stability of these farmers and the broader agricultural community. The efforts of the Ministry to enforce payments will likely foster trust among farmers and enhance the economic conditions under which they operate, ensuring that they can sustain their livelihoods through fair practices.
