Rice supply and prices are expected to stabilize during the harvest season this September and October.
Rice supply and prices are expected to stabilize during the harvest season this September and October. Thus, Executive Order No. 39 issued August 31 on the rice price cap may be lifted soon.
Government agencies had already distributed cash aid to small-scale rice retailers who were affected by EO 39. In a press release, the Presidential Communications Office (PCO) said that the provision of this assistance is in line with the directives of President Ferdinand R. Marcos Jr. Said order was aimed at assisting small-scale business owners who have been directly impacted by the imposition of rice price ceilings.
Credits To: pna.gov.ph
Government agencies had already distributed cash aid to small-scale rice retailers who were affected by EO 39. In a press release, the Presidential Communications Office (PCO) said that the provision of this assistance is in line with the directives of President Ferdinand R. Marcos Jr. Said order was aimed at assisting small-scale business owners who have been directly impacted by the imposition of rice price ceilings.
Credits To: pna.gov.ph
Both the cash assistance and the executive order on rice price ceilings have gained support and appreciation from affected groups all over the country.
In another statement, the PCO said that PBBM vowed on Monday to maximize the use of new technology to ensure a stable supply of rice in the Philippines that is accessible and affordable to Filipinos. “There’s a necessary amount of work to be done for us to be able to, I say, take the new technology from the laboratory to the rice field, and that is where we now come in,” the President said.
Meanwhile, the Department of Agriculture (DA) assured on Sunday that palay and rice prices are expected to stabilize during harvest season this September and October as farmers harvest the crop. In fact, it is expected to reach about five million metric tons (MT). In relation to this, the Philippine Rice Information System (PRISM) data for the projected harvest for September and October would come from the following provinces:
September (2.3 million MT)
- Isabela (419,000+ MT)
- Cagayan (172,000+ MT)
- Iloilo (148,000+ MT)
- Nueva Ecija (137,000+ MT)
- North Cotabato (95,000+ MT)
- Leyte (91,000+ MT)
- Oriental Mindoro (77,000+ MT)
- Camarines Sur (76,000+ MT)
- Palawan (73,000+ MT)
- Bukidnon (61,000+ MT)
- Zamboanga del Sur (55,000+ MT)
- Davao del Norte (52,000+ MT)
October (2.9 million MT)
- Nueva Ecija (440,000+ MT)
- Pangasinan (258,000+ MT)
- Tarlac (172,000+ MT)
- Isabela (163,000+ MT)
- Occidental Mindoro (153,000+ MT)
- Cagayan (151,000+ MT)
- Oriental Mindoro (110,000+ MT)
- Palawan (90,000+ MT)
- Bulacan (74,000+ MT)
- Iloilo (74,000+ MT)
- Bukidnon (69,000+ MT)
- Agusan del Sur (61,000+ MT)
- Ilocos Sur (59,000+ MT)
- Leyte (55,000+ MT)
- Camarines Sur (53,000+ MT)
