Country forecast to produce less rice on fewer planted hectares, USDA says.

MYRice helped increase farmers’ income by 30%, while decreasing yield loss by an average of 15%.

The goal of the project is to provide youth employment through empowerment to go into agriculture.

Three difficult years have affected production, consumption and trade.

Reduced use of water, farm chemicals and energy in farming in focus.

Transaction valued at $2.9 million.

It has sold more than 4 million tonnes of feed/industrial quality rice since January.

Kevin Mosley previously worked for Wild Flavors, DuPont Nutrition & Health, and Conagra.

Bucklin brings over 38 years of extensive financial services experience within the food and agriculture industries.

A previous agreement in 2012 between both countries enabled exports of U.S. paddy rice to Colombia, but under strict and costly requirements.