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Palace sees rice prices falling as imports arrive

MALACA√ĎANG on Monday said that the arrival of fresh stocks of low-cost rice imports is expected to result in the reduction of commercial rice prices.

DA changes tune on rice self-sufficiency; goal is competitiveness

THE Department of Agriculture (DA) said its goal is to improve the competitiveness of rice farmers and now views self-sufficiency as impossible because the government counts any imports, no matter how large, against the 100% goal.

NFA gives rice importers 1-week extension due to bad weather

THE National Food Authority (NFA) said it will give rice importers a one-week extension on the contracted arrival date of their shipments due to bad weather, but added that a substantial portion of the latest batch of imports has landed in various ports.

Duterte: Rice self-sufficiency goal may not be attainable

By Arjay L. Balinbin, Reporter President Rodrigo R. Duterte on Wednesday, June 13, said he does not believe the country can attain its goal of...

Government approves 805,200 tons of rice imports under quota scheme

THE STATE grains procurement agency on Tuesday gave the go-ahead for local traders to import up to 805,200 tons of rice under an annual quota scheme, which should boost domestic supply and keep rising prices in check.