Rice prices can stay low without subsidy—Marcos

Manila Bulletin

President Marcos expressed confidence that the P20-per-kilo rice sold through the Kadiwa stores can be sustained without the need for government subsidies, citing record-breaking palay production and ongoing support for farmers. (Video courtesy of PCO)  READ: https://mb.com.ph/2025/06/18/rice-prices-can-stay-low-without-subsidymarcos  Subscribe to the Manila Bulletin Online channel! - https://www.youtube.com/TheManilaBulletin  Visit our website at http://mb.com.ph Facebook: https://www.facebook.com/manilabulletin Twitter: https://www.twitter.com/manilabulletin Instagram: https://instagram.com/manilabulletin Tiktok: https://www.tiktok.com/@manilabulletin  #ManilaBulletinOnline #ManilaBulletin #LatestNews

Transcript

00:00Puntahan ko po ang malapit sa sikmura ng lahat ng mga Pilipino, ang 20 pisong presyo po ng bigas.

00:09Sa huli niyo pong podcast with Katu Nying, sabi niyo nga, watch us sustain it.

00:15Paano po nagagawa ito ng gobyerno? Through subsidy, magkano po?

00:20There is a lot, paraming factors ito. I concentrated kaagad sa production side.

00:25So, baka hindi alam nga ng tao. In 2023, we had the largest crop of palay in the history of the Philippines.

00:43In 2024, nalampasan na natin yun. In 2025, we predict nalampasan na naman natin yun.

00:51So, our production is slowly going up. Since our production is already going up, bababa ang cost of production.

01:00Since bababa ang cost of production, di ang pagbenta, kung bibili ang NFA, ang pagbenta ng NFA, pababa ng pababa.

01:07That's why I'm so confident, masabi, sustainable.

01:10Kasi, basta ipatuloy natin, magbigay tayo ng makinarya sa farmer, paggandahin natin lahat ng irrigation natin,

01:18mag-research tayo sa ERI, sa UPLB, kung ano yung magagandang bagong variety, ano yung mga planting techniques na mga bago,

01:27para lumaki, lumaki, gumanda ng gumanda ng production side natin.

01:31Pag gumanda ng gusto yung production side natin, bababa natin, wala ng subsidy.

01:36Magagawa po kaya yan bago matapos na inyong terminal?

01:39Magagawa yan. We did it before already. Nag-export na tayo ng bigas.

01:44So, why not do the same thing again? It's really, you help the farmers.

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