Limitadong P38/kilong bigas, pinipilahan; ilang Kadiwa Stores, wala nang bigas | BT - video Dailymotion

GMA Integrated News

Sa mahal ng ilang pangunahing bilihin, kaniya-kaniyang diskarte ang ilang mamimili sa paghahanap ng murang bigas. Ang tanong-- meron pa nga bang mabibiling bigas na mas mababa sa singkwenta pesos kada kilo?  Balitanghali is the daily noontime newscast of GTV anchored by Raffy Tima and Connie Sison. It airs Mondays to Fridays at 11:00 AM (PHL Time). For more videos from Balitanghali, visit http://www.gmanews.tv/balitanghali.  #GMAIntegratedNews #KapusoStream  Breaking news and stories from the Philippines and abroad: GMA Integrated News Portal: http://www.gmanews.tv Facebook: http://www.facebook.com/gmanews TikTok: https://www.tiktok.com/@gmanews Twitter: http://www.twitter.com/gmanews Instagram: http://www.instagram.com/gmanews  GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe

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00:00 For the price of some of the main products, some will choose to buy it at their own expense in search of cheap rice.

00:07 The question is, will we be able to buy rice that is cheaper than 50 pesos per kilo?

00:12 Let's find out in the news brought to you by Tina, Panganiban Perez.

00:15 The 38 pesos per kilo of imported regular milled rice was bought in this place in the Commonwealth Market in Quezon City

00:26 by the group PRISM or Philippine Rice Industry Stakeholders Movement

00:31 that sells 38 pesos of rice while the price is high in the markets.

00:36 Each customer can buy up to 5 kilos so that the supply will not run out and more people can buy.

00:44 How many bags can you sell?

00:46 5 bags to 10 bags per day, depending on the number of people.

00:51 Just be patient. My husband doesn't have a job.

00:55 This rice is close to the Commonwealth Market.

00:58 The local regular milled rice and local brown rice are given a discount of 4 pesos per kilo.

01:06 We only sell 5 kilos maximum. We don't sell per sack.

01:11 The owner of this has his own rice fields in Mindoro, Novaisilla and Davao.

01:17 That's why we were able to afford 4 pesos less.

01:20 In this place, in the Commonwealth Market, the lowest price of rice is 49 pesos for broken rice.

01:27 But the local regular milled rice is more affordable, even if it's more expensive per kilo because it's more worth it.

01:33 In Mega Q Mart, you can buy 40 to 43 pesos per kilo of yellow rice.

01:39 It's not that affordable. The highest price is 54 pesos.

01:45 Yes. As the price goes up, the price of this regular milled rice goes up.

01:49 In this Kadiwa outlet in the Department of Agriculture, there is no rice store.

01:55 But PRISM said that their DA's order is ongoing and it's possible to sell this within this week.

02:02 Our colleagues are just voluntarily helping in the rice industry.

02:07 You will not see this 100 percent in the entire Metro Manila market until we reach our harbors in September.

02:14 PRISM is hoping that the price of rice will go down in the next few months.

02:20 It depends on the number of our harbors.

02:23 We don't see any new harbors yet. We think that our harbors will be good by then.

02:29 Tina Panganiban Perez reporting for GMA Integrated News.

02:35 In the midst of the continuous increase in the price of rice in the country, rice importation is the government's fast target.

02:42 How is the domestically produced rice situation from our farmers?

02:47 To discuss this issue, we have with us this afternoon the President of the Samahang Industriya ng Agrikultura o SINAG, Mr. Rocendo So.

02:55 Good morning to you.

02:56 Good morning, Raffy. Good morning.

02:58 How is the rice supply situation in the country? Is the support of the DA and NFA sufficient for our farmers?

03:06 Yes. The NFA is not buying rice. For the past seven months, the NFA has not bought rice for our farmers.

03:18 That's why we asked the Congress the other day if their portfolio is still the same.

03:25 They said they have 8.5 billion to buy rice. That's what we waited for, the NFA to buy rice.

03:36 So far, our harvest in September and October, we expect that even though the world market of rice is high,

03:49 our rice price will drop. The price of rice will return to P42 to P45 in October.

03:59 Aside from buying rice from our farmers, what role should the NFA play in terms of food security?

04:06 The NFA should have a holding volume. The 8.5 billion that can be bought is around 290,000 metric tons of rice, equivalent to 5.8 million bags.

04:26 The problem is they didn't increase from January to May. They don't have stocks. They don't have a mandate to import.

04:41 With the rice tariffication law, is the NFA still relevant and they are still doing their job?

04:48 That's why we are saying that if they're not doing their job, buying rice from our farmers, then we should close it.

05:00 Let's not give a budget or disown the NFA. The NFA should buy rice from our farmers.

05:10 The budget of 8.5 billion, they can buy twice because our season is dry season.

05:21 We have a third cropping. They should buy rice and if there's calamity, they should release it to LGUs and other places.

05:36 They should buy it from them. They're not giving free rice. After that, they can buy rice again.

05:46 They can't do it twice. That's why we're wondering why they didn't use the money.

05:52 But if there's no big calamity, can our local farmers really meet the needs of our country when it comes to rice?

06:00 Yes. As of now, our estimate, the end of the year, in the estimate of the SINAD, we have 64 days up to December 31.

06:14 The estimate of the DA, we have 54 days up to the end of the year.

06:19 So it means that the figure of the DA and us is almost the same. It means that up to the end of the year,

06:30 they have 54 days and we have 65 days that we can still leave rice after the end of the year.

06:40 But what they want is a longer period that we have stock.

06:45 In any case, if the importation of rice from India and Vietnam continues, will the price of rice go down?

06:54 The industry is not high. Some are able to get lower prices.

07:00 Traders are not stopping from importing. The importation is continuous.

07:07 Like now, Rafi, the price of 680 in Thailand landed. Now it's only at $640.

07:20 We can see that the price is going down because we know that our country is harvesting.

07:26 The majority of consumers will buy our local rice. Their buyers will be gone and they will lower the price.

07:41 What we can see is that they will follow the price that we harvest. So the price of Thailand and Vietnam will go down.

07:52 In our interview with the Bantay Bigas group, traders, millers and importers are holding the rice.

07:57 They can also play with the price of rice in the families. What can you say about this?

08:02 It's better to catch them. Teach them where the rice they are talking about is.

08:09 They are saying that there is hoarding. We think that if the price goes down, no one will stock more rice in their warehouse.

08:22 They will dispose it because the price will go down, not the price will go up.

08:27 So we think that all who have stocks, they want to out their stocks because the price will go down.

08:35 In your projection, what will be the direction of the price of rice in the coming weeks until the entry of the bare months?

08:41 Now, the price of rice for farmers is at Php28. So that means we can already see Php49 to Php50 of rice.

08:54 So if the price goes down, millers will average it. So the price will go down. We can see that by September, it will go down to Php26 to Php25.

09:08 So that means the price of rice will go down. So the price of rice in the market will go down.

09:17 Thank you very much for your time this afternoon.

09:21 Thank you very much, Rafi.

09:23 Thank you.

09:24 [Music]

Limitadong P38/kilong bigas, pinipilahan; ilang Kadiwa Stores, wala nang bigas | BT

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