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DA mulls blacklisting importers who overstay, abandon imported rice at ports
PTVPhilippines
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9/25/2024
DA mulls blacklisting importers who overstay, abandon imported rice at ports
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Transcript
Display full video transcript
00:00
There's a special place in hell for those who constantly profit on the misery and suffering
00:04
of the poor and marginalized.
00:06
But before they head to the hot place, government will do its part in pulling quarters and rice
00:11
price gougers out of business or out of the reach of their intended victims by way of
00:16
a public shaming scheme called blacklisting.
00:18
Our Claisel Pardilia tells us more.
00:23
The Department of Agriculture may blacklist importers who are overstaying and abandoning
00:28
imported rice at the ports.
00:31
According to Agriculture Secretary Francisco T. Laurel Jr., this will serve as a warning
00:37
against those engaging in such deplorable practices.
00:42
The Philippine Ports Authority has raised suspicion that certain consignees are deliberately
00:48
withholding rice shipments, waiting for prices to increase before making them available to
00:54
the market.
00:55
Definitely, we need to blacklist such importers, but of course, we have to really go look at
01:03
what happened so that we can really see.
01:07
The National Food Authority has assured a sufficient supply of rice in the event of
01:12
emergencies or disasters.
01:14
An inventory of 3.1 million sacks of rice is expected from the palay or unhusked grains
01:21
purchased from farmers.
01:23
No worries, we are secure.
01:27
To support local farmers amid reports of declining palay prices in some regions of the Philippines,
01:33
the NFA will buy palay at fair prices.
01:37
Current procurement price for wet palay range from P17 to P23 per kilo, while dry palay
01:44
costs between P23 to P30.
01:48
If the price drops, we know that we will price it at a better price so that we can
01:54
raise the price, so that our farmers won't suffer.
01:58
Some farmers' groups are expressing concern about the potential impact of imported rice,
02:04
which could drive down palay prices.
02:07
If there are a lot of rice being imported locally, and you also include cheap imports
02:13
because you lowered the tariff, the result is oversupply.
02:18
The supply in the market is too high.
02:21
The price of palay will drop even more.
02:24
The only reason our prices are going down now is because we really lack in post-harvest
02:32
facilities.
02:33
That's why when it rains, the palay is wet.
02:38
That's where traders can take advantage of lowering their prices, not importation.
02:44
Because the amount of importation that we monitor is just enough for the lack of production.
02:53
The DA assured continued distribution of rice processing facilities to farm cooperatives.
02:59
Additionally, the NFA is providing free access to their drying facilities to assist farmers
03:05
enjoying their unhusked grains or palay.
03:08
Kalei zalparadilya for the new and better Philippines!
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