D.A., planong ibaba pa ang MSRP ng broken imported rice

PTVPhilippines

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Transcript

00:00It's a big help for those who will choose to continue to lower the price of rice in the market.

00:05But the Department of Agriculture will lower the price after March.

00:10Details in the national news of Vell Custodio of PTV Manila.

00:16The owner of the rice field is Elsa.

00:19According to her, because the price of rice in the market is already decreasing,

00:23aside from the fact that she can buy more kilos of rice,

00:26she will also change the price of each sack of rice in her rice field.

00:3149 pesos per kilo.

00:33We will also lower the price of each sack of rice.

00:35Because we sell 15 kilos of rice,

00:37maybe it will become 12 or 10 kilos.

00:40The Department of Agriculture also plans to lower the maximum suggested retail price

00:44of 5% broken imported rice by the end of March.

00:48From the current 49 pesos,

00:50the MSRP is thought to be 45 pesos per kilo.

00:55Although the MSRP is not yet lowered to 45 pesos,

00:59each kilo of rice in Kamuning Public Market is already playing at 45 to 49 pesos

01:04while the well-milled local rice is 40 pesos per month.

01:07Another option for cheap rice is the Kadiwa of Pangulo

01:11which can also be bought in public markets like Kamuning Public Market.

01:1547 pesos.

01:17Because it was 50 pesos before.

01:19But you know, Kadiwa is better.

01:21When I tasted Kadiwa, it was delicious.

01:24If the exchange rate of pesos remains strong

01:27and the price of rice continues to fall in the world market,

01:30the MSRP of imported rice can still be lowered to 45 pesos.

01:34According to the DA, the price of rice in Pantaigdigang Mercado

01:38has dropped to its lowest level in more than two years.

01:41It dropped to almost 400 dollars or more than 22,000 pesos

01:46per kilo of rice.

01:48At 490 dollars or more than 28,000 pesos per kilo

01:52is the landed cost of 5% broken imported rice.

01:56It is now cheaper by almost 11,500 pesos per kilo

02:00compared to its price in November 2024.

02:03If we go back, the MSRP of rice was first implemented

02:07in January with 58 pesos MSRP.

02:10And when March came, the MSRP of rice dropped to 49 pesos.

02:15From the People's Television Network,

02:17Vel Custodio, Balitang Pambansa.

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