DA assures stable rice supply amid oil price shocks

MANILA – The supply of rice remains stable despite the effects of global oil pressures, the Department of Agriculture (DA) assured on Tuesday. In a statement, Agriculture Secretary Francisco Tiu Laurel Jr. said the rice supply will be secured for the entire year, considering a good local palay (unhusked rice) harvest alongside global rice availability from the world’s major rice exporters like Vietnam and India. “If ever there will be a problem, it’s not going to be this year,” he said. READ: NFA pushes direct rice sales amid crisis Tiu Laurel also reiterated that the 20 percent projected decline in […]... Keep on reading: DA assures stable rice supply amid oil price shocks

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