DA cuts Rice-for-All price to P38/kg, MSRP for imported rice at P58/kg starting Jan 17
The Department of Agriculture announced on Thursday that it will reduce the price of 25% broken rice sold through its Rice-for-All program to P38 per kilogram from P40, effective Friday.
This reduction precedes the implementation of a maximum suggested retail price (MSRP) of P58 per kilo for imported 5% broken rice in Metro Manila markets starting January 17.
The Kadiwa ng Pangulo program includes various types of rice sold at different prices: 5% broken grain variety priced at P45, 100% broken rice at P36, and low-income individuals can purchase it for P29 per kilo.
To combat profiteering, the DA plans to impose an MSRP on imported rice with a 5% broken-grain content starting in Metro Manila markets, which will be reviewed monthly based on global market prices and tariff rates.
Importers have agreed to a profit margin of P10 per kilo above the landed cost of imported rice, excluding specialty varieties like glutinous, Japanese, and black rice. Violators could face stricter measures including fines.
Mobile Kadiwa ng Pangulo units are also set to be launched by the DA with 24 trucks already procured and additional units planned for rental.
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