Don’t Undercut Farmers Over P20 Rice, DA Warns Traders
Manila: The Department of Agriculture (DA) on Wednesday cautioned rice traders against exploiting the government’s ‘Benteng Bigas Meron (BBM) Na’ program to justify slashing their buying prices from farmers. This came amid reports that palay (unhusked rice) prices in Victoria, Tarlac have dropped to as low as PHP13/kg – allegedly due to BBM Na’s low retail price, which is even cheaper than rice bran. According to Philippines News Agency, Agriculture Assistant Secretary Arnel de Mesa stated in a press briefing that traders cannot use the PHP20 rice price as a basis to lower their buying prices from farmers. He emphasized