Imported rice does not result in low prices – Sinag

September 10, 2018 at 11:48 pm Leave a comment

DAGUPAN CITY – Rice importation does not result in lower prices of the staple food, as the prices even surged this year when there was more imported rice as compared to last year.
Rosendo So Abs

According to the Samahang Industriya ng Agrikultura (Sinag), from January to August this year, there were around three million bags of rice imported from January-August this year as compared to the same period last year.

He said this year, the country has imported rice was 1,004.406.61 metric tons or 20,088,132.2 bags (50 kilos each).

This is higher than the volume of imported rice on the same period last year, which was 859,693.56 metric tons or 17,193,931 bags.

“But why does rice costs P47 a kilo in the local markets this year, as compared to P38 last year? This means that more importation does not result in lower prices of rice,” Sinag chair Rosendo So said.

“Also, why are the agriculture officials insisting on importing not only rice but other commodities like galunggong, onion, chicken and carabeef, when importation does not guarantee lower prices?” he added.

He said because of this, the Department of Agriculture should stop the practice of importation but instead focus on developing the local agriculture.

Entry filed under: News.

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