Rice price
THE Department of Agriculture (DA) has reported that the rice-eating Filipino people may expect a downward trend in the price of the cereal.
Without doubt, this is “good news.”
In fact, the price of rice slightly dropped before the end of last month, according to Agriculture Undersecretary Arnel de Mesa.
“Noong huling bahagi ng Pebrero hanggang ngayon ay nasa P49 to P50 level na ‘yong prevailing prices,” said the DA executive.
In January, the average price of the grain, the staple of Filipinos, was around P52 to P53 a kilo for well-milled and regular milled rice.
The hard-working official added: “We are expecting that the price will drop even more” this March because the harvest season has started.
Besides, safety nets are in place to blunt rice price hikes in the country, where the International Rice Research Institute (IRRI) is located.
The Los Banos, Laguna-bsed IRRI is the world’s premier research organization dedicated in reducing poverty, hunger and malnutrition.
Here, scientists from various parts of the world develop new high-yielding rice varities.
In the view of many quarters, the government is in a position to ensure that our people have access to low-priced but high-quality rice.
