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DA, NFA urged to monitor rice prices
Quezon 1st district Rep. Wilfrido Mark Enverga proposed a real-time digital price monitoring system for rice to combat price manipulation.
He urged the Department of Agriculture (DA) and National Food Authority (NFA) to step up their price monitoring activities and intervene to stabilize rice prices.
This initiative aims to create transparency in farm gate prices, making them accessible and preventing the exploitation of farmers and consumers.
Enverga stated that clear pricing mechanisms and market price tracking are crucial to identify those who are deceiving the public.
The proposal comes as the country approaches the rice harvest season from March to May.
The House quinta-committee previously noted a significant disparity between palay farm gate prices and retail rice prices.
Palay farm gate prices in February averaged P20.70, while a kilo of regular milled rice averaged P47.20.
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A House panel is pushing for the immediate convening of the multi-agency council overseeing the Anti-Agricultural Sabotage Act to prevent price manipulation by cartels and smugglers before the rice harvest season.
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House Speaker Martin Romualdez commended the government's recent initiatives to make rice more affordable, while urging sustained efforts to maintain these gains.
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ACT-CIS Rep. Erwin Tulfo urged the Department of Agriculture (DA) to impose suggested retail prices (SRP) on basic food items to combat price manipulation by middlemen and traders.
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The Department of Agriculture (DA) will enforce a maximum suggested retail price (SRP) of P49 per kilo for imported rice starting March 1, initially in Metro Manila, Cebu, Metro Davao, Cagayan de Oro, Zamboanga, Calabarzon, and other key urban centers.
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