DA EYES P30 PER KILO OF RICE BY JULY

The Department of Agriculture (DA) on Wednesday said it aims to lower the price of rice to P30 per kilogram by July.

DA spokesperson Assistant Secretary Arnel de Mesa was asked if the P30 rice price in July is achievable after House Speaker Ferdinand Martin Romualdez said that it is possible.

“Ito naman ay ginagawa na ng National Irrigation Administration, Kadiwa dahil meron silang tinatawag nating contract farming,” De Mesa told Unang Balita in an interview.

(The NIA and Kadiwa are already working on this because they have what we call contract farming.)

In contract farming between the National Food Authority (NFA) and farmers’ cooperatives, De Mesa said the production inputs will be subsidized by the government.

“In return ay ibebenta nila 'yung palay sa NFA. Sigurado tayo na mas magiging mura 'yung production input at dahil dito ay merong pagkakataon talaga na maibenta ng mas mura sa pamilihan 'yung palay,” he added.

(In return they will sell the rice to the NFA. We are sure that the production input will be cheaper, so there is an opportunity to sell the rice at lower prices in the market.)

On Sunday, the DA said the price of local regular milled rice was P50 per kilo, and P48 to P55 per kilo for local well-milled rice.

As for imported commercial rice, the regular milled rice was priced at P48 to P51 per kilo, while well-milled rice was at P51 to P54. —KG, GMA Integrated News

This article DA eyes P30 per kilo of rice by July was originally published in GMA News Online.

2024-05-08T02:12:19Z dg43tfdfdgfd