00:00The Department of Agriculture and Department of Trade and Industries inspected several families in Quezon City.
00:05This is the first of Velco's stories.
00:09The Joint Inspection of the Department of Agriculture and Department of Trade and Industries in the Commonwealth Market and a grocery store was positive earlier.
00:16Aside from the following rice at P55 maximum suggested retail price,
00:20there was also a decrease in the price of rice due to the peak of the recent downtrend in the price of rice in the world market.
00:27It's good that we saw today that rice is following the MSRP.
00:32There are P55, P54, there are P45, there are P42, there are P40, so those are good signals.
00:43More than 25 LGUs gave interest to the DA to sell NFA rice
00:49after the declaration of the National Food Security Emergency on rice last week.
00:54This is one of the Quezon City LGUs that was planned to direct the NFA to rice LGU retailers in order to avoid going through middlemen.
01:02There are also 150 Kadiwa sites that sell NFA rice.
01:06450 to 550 NFA rice retailers were the target of the DA to sell the rice before the year ends.
01:14Aside from rice, the price of tomatoes also decreased to P30 per kilo in the Commonwealth Market.
01:20The DTI will strictly monitor and enforce the prices given by the DA that should be enforced on rice.
01:28The weighting of the country's rice in the Commonwealth Market was also calibrated.
01:31The price of chicken decreased to P130 per kilo from P180 in December.
01:37The retail price of onions is at P170,
01:40so the DA will first import 4,000 tons of onions in order to stop the price of onions from increasing.
01:47The harvest season has already started and the number of local supplies of onions could increase again in March.
01:52But Secretary Laurel asked the farmers and traders of onions.
01:56The first sale of the harvest, the onions can be directly imported to the market and stored.
02:03If it's stored, the price might not go down.
02:08If the harvest decreases, the onions can be stored.
02:12No increase in the price of bread was seen in the inspection of the DA and DTI in a grocery store in the Commonwealth.
02:18The agencies of the groceries will continue to coordinate to reduce the price of rice that should be enforced in March.
02:26Vel Custodio for Pambansang TV in Bagong, Philippines.
