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NFA, tiniyak na bibilhin sa makatwirang halaga ang ani ng mga magsasaka
PTVPhilippines
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9/19/2024
NFA, tiniyak na bibilhin sa makatwirang halaga ang ani ng mga magsasaka
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Transcript
Display full video transcript
00:00
The group of farmers is worried about the possible effects of imported rice entering the country.
00:06
The prices of their rice might drop.
00:09
But the National Food Authority assures that they will buy their rice at a reasonable price.
00:14
This is Claydel Pardilla with the report.
00:19
The rice is just starting to arrive, but the Federation of Free Farmers is already worried
00:24
about the possible effects of imported rice entering the country.
00:28
The imported rice is stored at a lower price.
00:54
From January to September this year, more than 3 million metric tons of imported rice have arrived in the Philippines.
01:12
Of the 800,000 metric tons here, the import started in June, when the executive order to reduce the price of imported rice was issued.
01:23
If this continues and the price of imported rice drops, the group is worried.
01:29
Over November, because that's the main harvest period, if there's a lot of imported rice locally,
01:37
if you include cheap imports because you lower the price, the result is oversupply.
01:44
The supply in the market is too high, the price of rice will drop even more.
01:50
They will return the price to 35 percent.
01:53
You don't need to import rice at that time because there's a lot of rice being imported.
02:01
Subject to discussion, Secretary himself recommended that there will be a periodic review,
02:09
which is every four months during the implementation of EO62.
02:14
This is a very early stage to determine the impact of EO62 on the pricing and the effect on the farm gate price.
02:25
The National Food Authority is ready to buy the imported rice at a reasonable price.
02:31
The agency also has a P11 billion fund, which is enough to buy more than seven million bags of rice in the last quarter of 2024.
02:40
The NFA will also lend drying equipment to the farmers to increase the price of their rice.
02:47
I think the National Food Authority has been consistent in saying that we will support the farmers.
02:54
In fact, right now, even if we say it's coming, we're still buying at P23 per kilo of fresh rice.
03:02
And then we buy as high as P30 for clean and dry.
03:06
So that's what our farmers expect from the NFA.
03:11
That price is more than enough for them to earn a good income.
03:17
The NFA is buying rice to make rice that is used in government relief operations whenever there is calamity.
03:25
The Agriculture Department first said that there are two million bags of rice imported from NFA warehouses in various parts of the country.
03:35
This is part of President Ferdinand R. Marcos Jr.'s administration's preparation for the possible effects of the flood.
03:42
The government wants to ensure that there is a sufficient supply of rice in times of emergency or calamity.
03:50
Kalay Zalpordilia for Pambalsang TV in Bagong, Philippines.
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