MANILA, Philippines — The looming declaration of a national food emergency will “force” the high prices of rice down and will help the market work properly, President Ferdinand Marcos Jr. said on Friday. Mr. Marcos said the Department of Agriculture (DA) may declare a national food emergency on rice by next week once it receives […]...Keep on reading: Marcos: Nat’l food emergency seen to lower rice prices

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Marcos: Nat’l food emergency seen to lower rice prices

Department of Agriculture (DA) Secretary Francisco Tiu Laurel said Thursday that the possibility of declaring a ''food security emergency for rice' is ''justified,'' saying that there is sufficient data to support this action.

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Quezon City

DA chief says 'food security emergency for rice' justified

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The Department of Agriculture said it was set to declare a food security emergency as rice prices stayed high despite tariff cuts and lower prices in the world

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ABS-CBN

Lopez Group of Companies

As rice prices stay high ‘Food Security Emergency’ to be declared to bring down prices

MANILA, Philippines – President Ferdinand Marcos Jr. said on Friday, January 17, that the tariff cuts on rice his government started implementing in June 2024 did not help bring down prices, forcing the government to consider the declaration of a food security emergency. Marcos made the statement in a media interview in Leyte, when he was asked about the plan of the Department to Agriculture (DA) to make the declaration, based on the anticipated…

Rappler

Marcos says food security emergency needed as tariff cuts failed to bring down rice prices

To “force” the prices of rice down, President Marcos justified on Friday the impending declaration of a food security emergency by the Department of Agriculture (DA).

Philstar Global

Government of Japan

First Pacific

JG Summit Holdings

President Marcos justifies food emergency declaration

THE National Price Coordinating Council (NPCC) has urged the Department of Agriculture to declare a food security emergency for rice, following the approval of a resolution aiming to stabilize local prices. Trade Secretary and NPCC Chairman Cristina Roque said that the council's resolution seeks to empower the National Food Authority (NFA) to release its buffer stocks into the market. She added that this move is expected to temper rice prices an…

The Manila Times

Dante Ang

Food emergency for rice proposed

THE Department of Agriculture (DA) will declare a food security emergency to allow the National Food Authority (NFA) to sell rice buffer stock to agencies. Agriculture Secretary Francisco Tiu Laurel Jr. issued the statement after the National Price Coordinating Council (NPCC) approved a resolution urging the DA to declare a…

BusinessMirror

Food security emergency to let NFA sell rice buffer stock

By Adrian H. Halili, Reporter THE Department of Agriculture (DA) on Thursday said it will likely declare a food security emergency for rice as prices of the staple grain remain stubbornly high. Agriculture Secretary Francisco P. Tiu Laurel, Jr. said he expects the release of buffer stocks of local rice from the National Food Authority (NFA) by the first week of February, as it awaits the transmittal of a National Price Coordinating Council (NPCC…

bworldonline.com

DA to declare food security emergency - BusinessWorld Online

Target ng pamahalaan na mailabas na sa merkado ang buffer stock ng mga bigas ng National Food Authority (NFA) pagpasok ng Pebrero. Ito ay kasunod ng pag-apruba ng National Price Coordinating Council (NPCC) sa resolusyon na humihikayat sa Department of Agriculture (DA) na magdeklara na ng food security emergency sa bigas. Nananatili pa rin kasing mataas ang presyo ng bigas sa kabila ng pagbaba ng global rice costs at dagdag pa ang pagtapyas ng ta…

Pagbebenta ng buffer stock na bigas ng NFA, posibleng magsimula sa Pebrero –DA - RMN Networks

RMN Networks

NFA rice buffer stock sale likely to start in February –DA - RMN Networks

By Ruth Abbey Gita-Carlos (PNA photo by Joan Bondoc) MANILA – President Ferdinand R. Marcos Jr. on Friday expressed support for the declaration of food security emergency to bring down the prices of rice. In a media interview in Burauen, Leyte, Marcos said declaring a food security emergency is needed because the market is “not being allowed to work properly,” despite the government’s relentless efforts to lower the rice prices. “Hindi nasusunda…

Marcos: Nat’l food emergency seen to lower rice prices

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