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NewsTranscript
00:00 Are you already in trouble with the rice that is being sold?
00:04 A group of people will be aware of this.
00:06 Supply problems may also occur starting from September.
00:10 This is also the case with the selling of rice worldwide.
00:13 The government's aim in the issue is to stop Tina Panganiban Perez and Bernadette Reyes.
00:19 From the entry of the August, the price of rice has already increased to P5.
00:28 It is also difficult to get rice because it is almost running out.
00:32 If it was increasing in the past, in 2030, now it is increasing by 100 per sack.
00:38 Based on the price monitoring of the Department of Agriculture and our visit to the Munoz Market in Quezon City,
00:44 no one is selling imported rice anymore.
00:47 No one can buy regular and well-milled rice.
00:49 What can be bought are premium and special rice starting from P45 per kilo.
00:55 According to the Federational Free Farmers Cooperative,
00:58 there may be problems in the supply of rice in September
01:01 because farmers have not yet started to buy rice,
01:03 along with the export ban of India and the rising prices of Vietnam and Thailand
01:08 where the Philippines is buying imported rice.
01:11 So if the government cannot raise the price so that the private sector cannot raise the price
01:17 because of the provisions of the law,
01:19 why not start to buy rice earlier?
01:23 It will be a very tight supply situation in September.
01:27 It is difficult for us to expect from imports to supply all of it.
01:33 So the second possible source of our stocks will be the early harvest.
01:39 Some are planting in May.
01:42 If you plant in May, so May, June, July, maybe even late August or September, there may be some.
01:53 Aside from the supply, the price of rice may also increase to P60 per kilo.
01:59 As of now, the price of rice is reaching P34.
02:04 If it reaches P37, P36, P38, P37, the price will increase.
02:11 If the price of rice is that high, and the price of rice is also rising,
02:19 we will stop growing rice.
02:21 It's too far from P17 to P33 now, almost double.
02:26 Maybe it's already P60, at least P60.
02:29 Normally, it's times two.
02:31 So P33 should be P66.
02:34 But the more efficient traders, millers, may be able to find a way.
02:39 So if you put it, P60 to P66 retail.
02:43 I think there is a price that is higher than the higher class rice.
02:50 But according to the Department of Agriculture, the stakeholders should not look at it this way.
02:56 Based on the DA's account, the country's total production will exceed 20 million metric tons this year.
03:02 We should not speculate on such things because it has a negative effect on our countrymen.
03:11 But based on our experience, our supply is enough.
03:15 Our projection for the next harvest is,
03:20 I think we will exceed our production in 2021 and 2022.
03:29 That's our goal. We just don't want to be hit by strong typhoons.
03:34 Meanwhile, the next time President Bongbong Marcos will meet the rice industry stakeholders in Malacanang yesterday,
03:40 the President assured that there is a sufficient supply of rice until the next year.
03:45 It was August last year when the supply of onions in the country was insufficient,
03:50 and its price went up to P700 per kilo.
03:54 Now it's August, will it happen again?
03:57 The Bureau of Plant Industry of the Department of Agriculture said it won't.
04:02 Our current supply for red onions is 162 days as of July 14.
04:10 We have enough. That's enough until December.
04:14 Last week, December 23, to be exact.
04:17 So if the supply is more than the demand, we can expect that there will be the same prices.
04:25 Yes, sustained.
04:26 According to Panganiban, the supply of red onions today is equivalent to 162 days.
04:33 White onions, one month.
04:35 But there is a forecast that the supply will reach 4,000 metric tons by this month to reach two months.
04:42 The price based on the monitoring of the Department of Agriculture,
04:46 P140 to P160 per kilo for white onions, while P140 to P170 for red onions.
04:55 But a congressman asked,
04:57 "Why are we counting on the imported, which is mostly from China, to water our ships?"
05:04 In red onions, it's all China. India is just a few days away. What's the explanation for this?
05:10 Maybe that's why we're strong in watering China's ships. It's all China.
05:16 In January for red, we set a deadline for their arrival.
05:21 China is the nearest country, so they can arrive within five to seven days.
05:26 The majority of the sources during that time were from China.
05:30 To avoid relying on the imported, the DA assured that it will strengthen the local production of onions.
05:36 They say they are planting even off-season and even in prisons.
05:42 Actually, sir, we collaborated with the DOJ.
05:45 We have a memorandum of agreement with them to plant our penal colonies.
05:50 So sir, we are starting already with Iwahig in Palawan.
05:54 The DA admitted that the cold storage facilities for onions are not enough,
05:59 so this year, they will fund seven to build.
06:04 For GMA Integrated News, Tina Panganiban Perez.
06:08 Brenda Detreyes, Nakatuto 24 Horas.
06:12 [News Anchor]
06:14 [News Anchor]