NFA eyes to sell P35/kg rice next week
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NewsTranscript
00:00Part of the implementation of the food security emergency, the Department of Agriculture, or DA, said on Monday
00:07that the National Food Authority, or NFA, expected to roll out its cheaper-priced rice to more than 50 local government units, or LGUs, by next week.
00:17PTV's Clay Partilia tells us more.
00:22The price of rice at Christopher's Rice Store in Galas Market has dropped significantly
00:27since the implementation of the maximum suggested retail price for rice.
00:39However, Joy and Lorlie are still on the lookout for even cheaper options to save money.
00:45The affordable rice offered by the National Food Authority, which will be sold at 35 pesos per kilo.
00:58According to the Department of Agriculture, 50 local government units have confirmed their intent to purchase NFA rice for distribution or sale to their constituents.
01:15The big question remains, when will the NFA rice be released?
01:27President Ferdinand R. Marcos Jr. has instructed the Department of Agriculture to monitor pork prices, with current rates ranging from P345 to P480 pesos per kilo.
01:48The Agriculture Department is considering the implementation of an MSRP for pork before the end of February.
01:56The farm gate right now is P240 to P250. I'm looking for P100. I see a gap. Anything above P400 is unreasonable.
02:07To curb rising prices of onions, the Agriculture Department has approved the importation of 4,000 metric tons of onions.
02:16Simultaneously, the agency is cracking down on agricultural smuggling.
02:21Sixteen importers with ties to agricultural smuggling have been listed or now banned from importing products. Four cases have been filed.