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No shortage of rice supply despite El Niño but prices high: SINAG 

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ABS-CBN News

David Dizon

<div><span id="isPasted" style="color:rgb(51, 51, 51);letter-spacing:normal;orphans:2;text-align:left;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:pre-wrap;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;display:inline !important;float:none">There will be no shortage of rice in the Philippines despite the El Niño phenomenon but prices of the staple remain high, the Samahang Industriya ng Agrikultura said Monday.</span></div><div><span id="isPasted">SINAG executive director Jason Cainglet said the Department of Agriculture is forecasting a slight dip in rice prices. </span></div><div><span>&quot;May bahagyang pagbaba sa presyo ng bigas.. pero hindi na nating inaasahang bababa pa ng P46-P48 oer kilo dahil mataas pa rin ang kuha ng palay,&quot; he said in a TeleRadyo Serbisyo interview. </span></div><p>He added: &quot;Hindi pa rin bumababa ang farm gate price ng palay, nasa 23 per kilo pa rin ang sariwa o ang bagong ani. Pag tuyo, nasa 28 hanggang 29 / kilo.&quot;</p><style type="text/css" id="isPasted">
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</style><p>Agriculture Secretary Francisco Tiu Laurel Jr. earlier said he expects rice prices to go down by the second half of the year. Current prices of rice range from P47 to P57 per kilo.</p><div><a href="https://news.abs-cbn.com/business/2024/4/3/rice-prices-to-go-down-by-second-half-of-the-year-agri-chief-says-1432">Rice prices to go down by second half of the year, Agri chief says</a></div><p>Cainglet said there will be no shortage in rice supply until August this year after the Philippine government imported rice buffer stocks since last year.  </p><p>&quot;Ang problema talaga ngayon yung presyo, talagang mataas para sa mga consumer,&quot; he said.</p>

<p>There will be no shortage of rice in the Philippines despite the El Niño phenomenon but prices of the staple remain high, the Samahang Industriya ng Agrikultura said Monday.</p>

There will be no shortage of rice in the Philippines despite the El Niño phenomenon but prices of the staple remain high, the Samahang Industriya ng Agrikultura said Monday.