The Department of Agriculture (DA) on Monday emphasized the need to balance rice imports and local production, following President Ferdinand R. Marcos Jr.’s approval of the extension of Executive O…
The Department of Agriculture on Monday emphasized the need to balance rice imports and local production, following President Ferdinand R. Marcos Jr.’s approval of the extension of Executive Order 171 that modified tariff rates for some imported agricultural commodities.“The President signed and ordered last week containing the provisions of EO 171, and it would continue up to December 2023. I agree with that. But it has to be semestral in nature, and on that basis, sync to the harvesting.
Sombilla mentioned factors including the recent typhoons which affected volumes of agricultural harvests, the effects of the ongoing Russian war, global inflation, high farm input prices, and the coronavirus disease 2019 , among others. “Prices have really gone down, when we start importing rice, from the PHP40 to PHP42, at the height of rice prices before the tariffication, it has already gone down to PHP37, we are still really trying to get down to the PHP32 to PHP30 level, but again it’s really consensus efforts, between rice production as well as importation,” she said.Contrary to several statements, the DA assured consumers that there will be no supply shortage of rice next year, despite the decrease in rice inventory.
Agriculture Assistant Secretary Arnel de Mesa also noted that rice shortage is less likely to happen because of the department’s intervention to aid farmers.
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