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NewsTranscript
00:00The government is pricing rice under the Rice for All program at up to Php 3 per kilo.
00:11Let's find out the price of rice under the spotlight of Bernadette Reyes.
00:15Bernadette?
00:19Katrina, rice is being sold less and less to charity centers.
00:25For those who can afford to buy it, but the price of pork is still high now.
00:34Rice stores were the first to go to the market monitoring of the Department of Agriculture and Department of Children Industry.
00:43The local government of Quezon City is pleased.
00:45Starting today, the price of rice will be reduced to Php 3 per kilo for charities.
00:51The rice for all is 5% broken from Php 45 to Php 43 per kilo.
00:57The 25% broken from Php 38 to Php 35 per kilo starting today.
01:03While the 100% broken rice from Php 36 to Php 33 per kilo.
01:10The sale of Php 29 per kilo of rice is still going on for the entire sector,
01:14including senior citizens, persons with disabilities, solo parents, and members of 4PS.
01:20But even though the price of rice is going down, the price of pork is still high.
01:26In the Commonwealth Market, Php 420 per kilo of pork, and Php 380 per kilo of pork and pig.
01:33According to retailers, there are a lot of expenses in transporting pork before it reaches the families.
01:39That's why in Marasot, the target of the DA is to implement the maximum SRP for pork.
01:45Meanwhile, according to DTI, they are continuing to consult the operators of supermarkets and groceries
01:52so that they can sell cheap rice here.
01:56Bernadette, how much is the target of lowering the price of rice?
02:05Katrina, the target of the Department of Agriculture is to lower the price of imported rice to Php 42 per kilo.
02:13If we remember, the target of lowering the price of imported rice from Php 50 to Php 58 per kilo
02:21is now at Php 55 per kilo for 5% broken rice.
02:25Bernadette, has the price of rice been lowered in all Kadiwa stores?
02:33That's a good question, Katrina, because it depends on where Kadiwa is located.
02:38They may not be able to lower the price yet, according to the Department of Agriculture.
02:44This is acceptable because their stock that is being sold at their location
02:51may be the old stock that was bought at a higher price.
02:55That's why they will give discounts to retailers
02:58and hopefully, in the near future, they will be able to sell at a lower price.
03:03Thank you very much, Bernadette Reyes.
03:08For more information, visit www.fema.gov