Oct 20, 2020

Rice liberalization law blamed for drop in palay price

(File photo courtesy of E. Sumagaysay)

A provincial board member has blamed the implementation of Republic Act 11203, or the “Rice Tariffication Law,” for the drop of the unmilled rice prices affecting the local farmers.

Board Member Cesario Benedito said in his privilege speech Tuesday that majority of the rice farmers not only in Palawan but in the entire country suffer from the low prices of rice.

Currently, unmilled rice are being sold for around P7 to P10 per kilo, he said.

“Sobrang baba ng bilihan ng palay ngayon due to the passage of the rice tariffication law kung saan pwede, the next harvest is on next month na,”he said.

Previously, the finance and agriculture departments have vowed to extend cash assistance to rice farmers to help them cope with the rice tariffication law.

“Since this really affects the local farmers in Palawan particularly those in the southern part, maybe there is a possibility that the provincial government may extend assistance or other intervention because they are so much affected by this law,” he said.

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