Marcos expects drop in rice prices with better palay harvest

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Marcos expects drop in rice prices with better palay harvest
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PRESIDENT Ferdinand “Bongbong” Marcos Jr. said that the Department of Agriculture (DA) anticipates a better palay harvest this year, which is expected to result in lower...

PRESIDENT Ferdinand “Bongbong” Marcos Jr. said that the Department of Agriculture anticipates a better palay harvest this year, which is expected to result in lower prices.

“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,” he added. “Pero ang dami pa rin kulang, ang dami pa rin kulang sa pag-distribute. Marami naman tayong bigas hindi lang nailalabas nang tama. Kaya’t hindi problema ang supply sa atin dito sa Pilipinas,” said Marcos.

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