Negosyante News

February 11, 2025 1:07 pm

DA: Rice Rollout Under Food Security Emergency Set for Next Week

Manila, Philippines – The Department of Agriculture (DA) is set to roll out affordable rice stocks to local government units (LGUs) starting next week, following the declaration of a food security emergency.

Agriculture Secretary Francisco Tiu Laurel Jr. announced that over 50 LGUs have signified their intent to avail of the program, with initial distributions beginning in Metro Manila, particularly in San Juan and Navotas, as well as in Iloilo.

“Right now, many LGUs have expressed interest, but documentation is required. Hopefully, the process between FTI, NFA, and LGUs will be completed, and we can roll it out by next week,” Tiu Laurel said in a Palace press briefing.

The National Food Authority (NFA) will release rice buffer stocks through Food Terminal Inc. (FTI), allowing the public to purchase rice at P35 per kilo—one of the lowest prices available. This initiative aims to stabilize rice prices and ensure its accessibility, especially after price spikes in June and July 2023.

The food security emergency declaration, recommended by the National Price Coordinating Council, enables the government to act swiftly in addressing rice affordability and availability.

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