Gov’t sees better palay harvest this year, expects drop in rice prices as harvest season starts—PBBM

President Ferdinand R. Marcos Jr. on Friday (Sept. 22, 2023) leads the distribution of around 1,200 sacks of confiscated smuggled rice to identified beneficiaries of the Pantawid Pamilyang Pilipino Program (4Ps) in the City of General Trias, Cavite. (Joey Razon/NIB-PNA)

Presidential Communications Office

President Ferdinand R. Marcos Jr. said that the Department of Agriculture (DA) expects better palay harvest this year, adding that the government has to continue carrying out programs that could further develop the sector to ensure food security even with a good harvest.

“Sabi ng Department of Agriculture ay mas malaki ang ani natin ngayon taon na ito kaysa sa nakaraan kaya’t sa production side naman ay nagiging maayos,” President Marcos said during a rice distribution event in Iriga City, Camarines Sur.

“Ngunit, kailangan natin ayusin ang sistema mula sa pagtanim, mula sa pag-research and development hanggang sa pagtanim, hanggang sa processing, hanggang sa distribution, marketing, hanggang sa retail. Kaya’t ginagawa po natin ay binubuo natin lahat ‘yan.”

Marcos expressed hope that Filipinos could soon feel the effects of more improved production in the agriculture sector.

The current government thrust is to address the gaps and challenges in the sector particularly rice distribution that affects supply and prices.

“Marami naman tayong bigas hindi lang nailalabas nang tama. Kaya’t hindi problema ang supply sa atin dito sa Pilipinas,” the President said, saying it was among the reasons why the government had to impose a cap on rice prices.

Asked during a media interview on the implementation of the price ceiling on rice, Marcos said that with the start of the harvest season, rice prices will soon drop in the market.

“Sa palagay ko, pagpasok ng ani, dahil papasok na, nag-aani na tayo at pagpasok niyan, sa palagay ko makikita na natin na bababa ‘yung presyo,” he said.

“Market forces. Baka kung ‘yung merkado mismo ang bumababa na ang presyo, puwede na nating bawasan ‘yung mga kontrol na nilagay natin.”

In the meantime, the government has to implement measures such as the imposition of price cap, provision of cash aid to rice retailers, as well as setting new palay buying price range for the National Food Authority (NFA) to help farmers and secure inventory. PND

Popular

Gov’t vows to stabilize prices as inflation holds steady in October

By Brian Campued The administration of President Ferdinand R. Marcos Jr. continues to pursue long-term reforms not just to stabilize commodity prices but also to...

D.A. expects palay farmgate prices to rise as PBBM extends rice import ban

By Brian Campued The Department of Agriculture (D.A.) expressed hope that the extension of the rice import ban would continue to raise farmgate prices of...

Palace won’t interfere with HOR Dolomite Beach probe, warns against politicking

By Dean Aubrey Caratiquet Citing an upcoming probe on Manila Bay’s Dolomite Beach to be held by the House of Representatives on November 17, the...

PBBM orders early release of 2025 year-end bonus, cash gift for gov’t workers

By Brian Campued Government workers are set to receive their 2025 year-end bonus that is equivalent to one month's basic salary as well as a...