Palace assures public of sufficient rice supply, measures to curb price rigging

AFFORDABLE RICE. The Department of Agriculture (DA) rolls out P20-per-kilo rice initiative for farmers under the “Benteng Bigas Meron (BBM) Na” Program of the government at the National Food Authority (NFA) warehouse in Balagtas, Bulacan on Wednesday (Aug. 13, 2025). Eligible rice farmers and farm workers can buy up to 10 kilos of rice monthly from August to December 2025 or equivalent to a 50-kilo sack of rice. (Photo courtesy: DA Central Luzon)

By Dean Aubrey Caratiquet

Consistent with President Ferdinand R. Marcos Jr.’s directive on sustaining food security across the archipelago, the government has been taking measures to maintain sufficient stocks of rice and ensure that these are being sold to the masses at the right price.

At a press briefing on Wednesday, Presidential Communications Office (PCO) Undersecretary and Palace Press Officer Claire Castro reassured the citizenry that the Marcos Jr. administration is on top of all matters concerning the staple grain in the Philippines.

Castro announced, hinting at the government’s efforts to augment the “Benteng Bigas Meron Na” Program, “Maglalabas ng 1.2 million bags o maaaring umabot sa 100,000 metric tons ng local rice ang Department of Agriculture (D.A.) sa pamamagitan ng auction ngayong linggo.”

She added, “Inaasahang aabot sa P25-28/kg ang floor price ng bigas depende sa edad nito. Layunin din ng auction na paluwagin ang mga bodega para makapag-imbak pa ng karagdagang supply ng bigas. Ibig sabihin, maganda ang ani ng ating mga magsasaka.”

The Palace press briefer meanwhile reiterated the D.A.’s price monitoring initiative to ensure that rice prices remain stable once the 60-day import ban kicks into effect next month.

Castro told reporters, “Naninindigan ang D.A. na hihigpitan ng ahensiya ang pag-monitor sa presyo ng bigas upang matunton kung sino ang mga mapang-abusong balak magmanipula ng presyo nito.”

She explained further, “Magkakaroon sila ng price monitoring to enforce the maximum suggested retail price (MSRP). At nakikipag-usap din po sila sa stakeholders—mga farmers, millers, traders—para hindi po mamanipola ang presyo.”

av

Popular

PBBM courts Mitsubishi investments for rail, wind energy, digital push

By Darryl John Esguerra | Philippine News Agency President Ferdinand R. Marcos Jr. met with Mitsubishi Corporation President and Chief Executive Officer (CEO) Katsuya Nakanishi...

ICI not just for show, cover up admin allies —Palace

By Brian Campued Malacañang on Tuesday stressed that the Independent Commission for Infrastructure (ICI) was not created “just for show” nor to cover up the...

PBBM unfazed by impeachment complaint filed against him

By Dean Aubrey Caratiquet Malacañang continues to reaffirm President Ferdinand R. Marcos Jr.’s loyalty to the Constitution and trust in various legal processes and institutions...

PBBM inspects rice processing facility, leads distribution of various implements in Antique visit

By Dean Aubrey Caratiquet Doubling down on the government’s efforts to bolster the country’s agricultural sector, President Ferdinand R. Marcos Jr. visited the newly constructed...