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State of the Nation is a nightly newscast anchored by Atom Araullo and Maki Pulido. It airs Mondays to Fridays at 10:30 PM (PHL Time) on GTV. For more videos from State of the Nation, visit http://www.gmanews.tv/stateofthenation.

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Transcript
00:00 The price of vegetables has risen due to the continuous storm and wind.
00:05 The price of rice and rice paddy also rose.
00:08 Sandra Aguinaldo has the report.
00:10 The next storm of bad weather hit the crops in different provinces.
00:20 The banana plants in Bacara, Ilocos Norte were damaged after being submerged in the flood.
00:27 Yolanda's crop was also damaged in San Rafael, Bulacan, so she only had a small harvest.
00:33 In the middle of August, they joined the flood.
00:38 The trees also joined the flood.
00:42 According to the Department of Agriculture,
00:44 the damage of the Egyptian typhoon reached 1.54 billion pesos
00:49 in the sectors of agriculture and fishing.
00:52 Because of that, many kinds of vegetables in the market became expensive.
00:56 In the Huliana Market in Quezon City,
00:58 the price of vegetables from the north rose almost double to more than double.
01:03 The rice paddies were also affected.
01:05 The Secretary of Agriculture, President Marcos,
01:10 was worried that the price of rice might rise due to supply issues.
01:14 The strong storm of bad weather in agriculture
01:17 was accompanied by the preparation of El Nino by countries in Southeast Asia.
01:22 Everybody is preparing for El Nino, all of Southeast Asia.
01:28 They are buying at the same time.
01:30 I am nervous that the price will rise again.
01:32 We have to start importing already.
01:34 The NFA has a stock of rice,
01:37 but it is like a necessity if there is a calamity.
01:41 The NFA cannot sell rice under the Rice Tarification Law.
01:46 The NFA, which is the main buffer stock,
01:49 the holder of the government,
01:53 is only 1,021,000 bags of rice.
01:59 If you base it on that, it will go down.
02:05 According to the Federation of Free Farmers,
02:07 the NFA's stock is not the only one that is thin,
02:10 especially the imported rice that came in.
02:13 Other private importers are hesitating to import rice
02:18 because they booked the contracts at a low price.
02:21 Now the international price is going up,
02:24 so they are turning their backs on the contracts.
02:27 In the common market, the cheapest imported rice is P43 per kilo,
02:32 while the local rice is P45.
02:34 Sandra Aguinaldo is reporting for GMA Integrated News.
02:39 Don't miss the latest updates.
02:43 You can watch State of the Nation and other newscasts
02:46 on youtube.com/gmanews.
02:49 Just click the subscribe button.
02:51 For those who are abroad,
02:53 you can follow us on GMA Pinoy TV
02:56 at www.gmanews.tv.
03:00 [♪♪♪]

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