P35/kg na bigas mula sa National Food Authority, mabibili na ng publiko matapos ang pagdedeklara ng national food security emergency ng D.A.

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P35/kg na bigas mula sa National Food Authority, mabibili na ng publiko matapos ang pagdedeklara ng national food security emergency ng D.A.

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Transcript

00:00The price of rice went down after the Department of Agriculture declared a food security emergency.

00:06This is what Christian Bascones has to say.

00:08Angela is happy that there will be cheaper rice that they can buy every day.

00:16With their 50 pesos budget, they can only buy 1 kilo of rice every day.

00:22It's cheaper, even if it's not that delicious, as long as it's cheap.

00:27Aris is happy because they can buy cheap rice.

00:31It's cheaper if you have 35 pesos.

00:34That's where you can save money because it's expensive to buy now.

00:39Margie is confident that there are rice owners in Tandangsora Public Market

00:43who won't be able to reduce their customers if they sell cheaper rice.

00:49It's better to have cheap rice because some people can't afford such a high price.

00:56It's okay to have 35 pesos, but it's better to have delicious rice, like 55 pesos.

01:04It's better for the customer.

01:06After the NFA declared a food security emergency on rice yesterday,

01:10Filipinos will continue to feel the price of cheap rice.

01:14This declaration also aims to influence the price in the market.

01:19The National Food Authority is now consulting all participating LGUs across the country

01:24so that the allocation can be sent to them immediately.

01:28The NFA has already sent a communication to the LGUs.

01:33We sent a letter inviting them to participate.

01:38So far in NCR, including Cavite, because the NFA includes Cavite in NCR,

01:45we have already sent 53 letters and we are waiting for the reply of the LGUs

01:52so we can ascertain who are the interested to participate.

01:57150,000 metric tons of rice will be sent to local governments.

02:04The NFA will sell the rice to LGUs for 33 pesos per kilo.

02:10And the LGUs can sell it to those who can afford it for up to 35 pesos.

02:16The NFA expects that the sale will start next week.

02:21Department of Agriculture Assistant Secretary Engineer Arnel De Mesa made it clear

02:26that the NFA did not declare a food security emergency on rice

02:30because of the lack of stocks, but because of the high prices in the markets.

02:36The food security emergency is only because of the extraordinary increase in the price of rice

02:46and not because of the lack of rice supply in our country

02:51that the Republic Act 12078 or the amendment to the rice tariffication law.

02:57According to the NFA, compared to the first recommendation of the National Price Coordinating Council

03:02of 38 pesos per kilo, it is lower.

03:05The agency explained that lowering the price is to have space for the storage of the NFA

03:11as a preparation for the upcoming harvest season.

03:15Meanwhile, the maximum suggested retail price of imported rice will be lowered to 55 pesos

03:21from the previous 58 pesos MSRP starting tomorrow, February 5.

03:26According to the Department of Agriculture, this step is important to reduce the food price inflation,

03:32particularly in basic commodities such as rice.

03:36The agency's target is to lower the MSRP of imported rice to 49 pesos in March

03:43while lowering the price of local rice in the markets.

03:46The premium rice is only playing at 49 pesos to 59 pesos per kilo,

03:52while the well-milled rice is at 47 pesos.

P35/kg na bigas mula sa National Food Authority, mabibili na ng publiko matapos ang pagdedeklara ng national food security emergency ng D.A.

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Transcript

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