Marcos: High farmgate costs, importation hiking rice price


MANILA (Philippine Daily Inquirer/Asia News Network): President Ferdinand Marcos Jr, the concurrent chief of the Department of Agriculture (DA), is attributing the high price of rice in the market to expensive farmgate costs and importation.

In a statement released by the Palace on Friday (Aug 18), Marcos said the price of rice would only become steady if the country had increased supplies and reserves of the Filipinos’ favourite staple food.

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Philippines , Marcos , rice

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