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NewsTranscript
00:0035 pesos per kilo of NFA rice is being sold to the public under the Food Security Emergency.
00:07Let's talk about the price of rice for some families.
00:10Live from Valenzuela City, we have the first news, James Agustin. James.
00:16Good morning. The rice sellers and buyers are hoping that the 35 pesos per kilo of NFA rice
00:26that the government allowed to be sold to the public under the Food Security Emergency will be available to the families.
00:36The price of commercial and local rice is also very high.
00:45The lowest imported rice in this store, in Polo Public Market in Valenzuela, can be bought for 38 pesos per kilo.
00:52Premium imported rice is 52 pesos.
00:55It is included in the maximum suggested retail price set by the Department of Agriculture.
00:59It's a big discount, sir.
01:01The truth is, that's why I set such a price, because it can be given at such a price.
01:07It's a big discount.
01:10It's okay, because somehow, there's a profit, even a little.
01:14Local rice is also being discounted.
01:17You can buy 45 pesos of well-milled rice, while the premium rice is 51 pesos.
01:22The price of rice is expected to be lower when it reaches the families of the 35 pesos of NFA rice that was allowed to be sold under the Food Security Emergency.
01:32Jojo is hoping that he can sell NFA rice.
01:36I hope that somehow, there will be a lower price.
01:40That's what people need, a lower price.
01:44As long as it's cheap, especially those who rely on the daily income.
01:48Ryan bought 2 kilos of T50 pesos per kilo of rice.
01:53His family is now able to afford it for 2 days.
01:56It's good news that you can buy it for 35 pesos.
01:59But...
02:00If it's delicious, I'll buy it. If it's not delicious, I'll buy it.
02:03Because you have to buy it because the taste has to be delicious.
02:07If it tastes like fish, it's not delicious.
02:10For others to choose, NFA rice is a big help.
02:13Especially if the price is high for others to buy.
02:16It's a big thing.
02:18But if the government promises to lower the price to 20 pesos,
02:23it's better because that's what people are demanding.
02:27If it's delicious, compared to the commercials, it's okay.
02:32Of course, if you have a lot of children to feed,
02:35at the price of 35 pesos, it's okay. You can buy food for others.
02:38It's in your budget, so you have to save.
02:42Meanwhile, from 52 pesos per kilo,
02:45the maximum suggested retail price for imported rice,
02:48the Department of Agriculture expects to lower it to 49 pesos per kilo
02:53by the beginning of March.
02:55That's the first news from Valenzuela.
02:57I'm James Agustin for GMA Integrated News.