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NewsTranscript
00:00Next week, the Department of Agriculture will declare a food security emergency on rice.
00:05Let's take a look at the on-the-spot report of Bernadette Reyes.
00:09Bernadette?
00:13Rafi, on Tuesday, the Department of Agriculture will declare a food security emergency on rice.
00:21The Department of Agriculture will only accept a resolution from the National Price Coordinating Council
00:27that is in line with the decree of the Department of Agriculture.
00:30Through this, rice will be released by the National Food Authority from its warehouses
00:35and rice will be able to be purchased from farmers.
00:38The sale of 300,000 metric tons of rice will also help lower the price of groceries.
00:46This is a target to be sold nationwide.
00:48Aside from this, the DA's program continues to sell cheap rice in groceries and supermarkets.
00:54Today, there was a signing of a Memorandum of Understanding between the DA and a supermarket grocery chain
01:00to sell 29 pesos per kilo of rice to help buyers.
01:05This can be sold to retailers that can also sell to consumers.
01:10Meanwhile, according to the DA, there may be a cut in the supply of eggs in April
01:14and this may result in an increase in the price.
01:18It is necessary to help the stakeholders to be able to import eggs to the country.
01:26Financial institutions should be able to help to lend to the stakeholders
01:31to help to repopulate the chickens and to have more supply of eggs today.
01:38Meanwhile, according to the Monitoring of the Department of Agriculture,
01:41each egg is being sold for P7.50 to P10.00 per family in Metro Manila.
01:48Raffy?
01:49Thank you very much, Bernadette Reyes.