D.A., target na maideklara ang 'food security emergency' para mapatatag ang presyo ng bigas sa Pebrero
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NewsTranscript
00:00The target of the Agriculture Department is to declare a food security emergency in February
00:05to lower the price of rice.
00:07Details in the national news of Clazel Pardilla of PTV Manila.
00:14The price of rice is already heavy in Justin's pocket.
00:18That's why the previous 60 pesos that he buys,
00:22he replaced it with 50 pesos per kilo.
00:25Sometimes, I choose what is cheaper, it depends on the budget.
00:29So that my budget will be more affordable in the house.
00:32Marilyn also discarded it so that there will be less expenses.
00:36I'm going to lower it and it's a bit nice,
00:39so that we will just mix it.
00:42In the price monitoring of the Department of Agriculture,
00:45the price of rice in the markets varies from 37 to 65 pesos per kilo.
00:51The National Price Coordinating Council said
00:54that the rising price of rice is too high.
00:58In spite of lowering its price in the legal market
01:01and reducing the price of imported rice.
01:04That's why the MPCC recommended to the Department of Agriculture
01:09to declare a food security emergency.
01:13If that happens, the National Food Authority will allow
01:16to sell cheap rice to local governments
01:20that can be used as aid or sold to the public.
01:23The NFA will give rice to LGUs for P36
01:28that can be sold for P38 per kilo.
01:31This will greatly influence the price of rice in the markets
01:35and will lower the price of rice.
01:37P3 to P5 is really possible, in my opinion.
01:41Moreover, the world prices are also going down now.
01:43There are 300,000 tons in the NFA warehouses now.
01:48If it is unloaded to the public, to the consumer,
01:53it should help also lower the price of rice in general
01:59because it's an additional supply to the market.
02:01In accordance with the Rice Tarification Law,
02:04the power is given by the Department of Agriculture
02:08to declare a food security emergency.
02:11But Tiu Laurel will let President Ferdinand R. Marcos Jr. know the decision first.
02:17We have solid data that shows that this is justified.
02:23The price of P62 should be P58.
02:29But after two weeks from now, it should be P55
02:33because the world market prices are going down.
02:35This action will also help to expand the warehouse of the NFA
02:40and improve the supply of rice to the farmers
02:44that the agency will buy.
02:46There are 700,000 bags of rice in the NFA.
02:49In the next month, it will be considered as non-regular or stock.
02:54This means that more than two months have passed
02:57and it needs to be taken out.
02:59The warehouses are really full.
03:02So there is also that particular issue that we really have to face, to solve.
03:08And we really need to sell.
03:12In the first week of February, the food security emergency will be implemented.
03:18The sale of NFA rice to the LGUs in Metro Manila will be done first.
03:23While it is not being implemented,
03:25the D.A. and the Department of Trade and Industry will monitor the price of rice.
03:30Effective on Monday, January 20,
03:33the maximum suggested retail price of P58 per kilo of imported rice will be implemented.
03:40Just a while ago, the two agencies inspected the price of rice in their markets.
03:44The D.A. and DTI saw it.
03:48In my opinion, there is a bit of profiteering.
03:51We will act accordingly.
03:53The Priced Act can be fined up to P2 million and imprisoned for 15 years.
04:00Reporting from PTV in Manila, Kalei Zalpordilia, Balitang Pambansa.