Neg Occ Has 86% Rice Sufficiency, Shortage of Supply to Be Taken in Panay
Summary by Digicast Negros
3 Articles
3 Articles
Vietnam’s benchmark 5% broken rice price rose to $391 per tonne due to the import ban from the Philippines. Increased demand and reduced supply were the main factors driving up prices.
60 days suspension of rice importation starting September is most welcome. Negros Occidental has 86 percent rice sufficiency. According to Agriculture Regional Director, Engr Jose Albert Barrogo, the local supply can meet the needs of the province. Because the rice sufficiency of Negros Occidental is not 100 percent, the […]
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