The Daily Tribune
Malacañang: Cheaper rice and pork coming soon
The Palace announced that rice and pork prices in the Philippines are expected to drop this month, providing relief to consumers.
DT8 rice, a high-quality Vietnamese variety, is projected to decrease from P49 to P45 per kilo by March 31.
Pork prices, specifically for kasim and pigue, are anticipated to fall to P350-P360 per kilo by March 10, while liempo is expected to reach P380 per kilo.
The price decline in rice is attributed to a significant drop in global rice prices, which have decreased from $700 to $740 per ton to around $380 per ton.
The Palace noted that the 504 rice variety, another Vietnamese product, is more affordable at $400 per ton but has different cooking characteristics compared to DT8 rice.
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See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
The Department of Agriculture (DA) is considering lowering the maximum suggested retail price (MSRP) for imported rice to P45 per kilogram by the end of March.
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The Department of Agriculture (DA) expects pork prices to decrease within March following agreements among hog industry stakeholders to reduce prices.
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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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Inflation in the Philippines slowed to 2.1% in February 2025, with rice inflation contracting further to -4.9%.
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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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