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NewsTranscript
00:00Because of the extraordinary increase in the price of rice and not because of the lack of supply,
00:06the Food Security Emergency declared rice.
00:09This was clarified this morning by the Department of Agriculture,
00:12following the declaration yesterday of the Food Security Emergency.
00:16Under the Visa of the Department Circular No. 3, Series of 2025,
00:20the DA is ordering the National Food Authority to remove the buffer stop of rice.
00:26It will be sold to local governments and government agencies.
00:30150,000 metric tons of rice was allocated by the National Food Authority
00:35within 6 months, but it is still possible to change
00:39depending on the duration of the implementation of the Food Security Emergency.
00:44At the press conference of the DA earlier,
00:46it was said that the buffer stock of the National Food Authority will be sold to LGUs
00:50for P33 per kilo
00:53which is expected to be sold to the public for P35 per kilo.
00:57The NFA is still waiting for the answer of LGUs who want to buy rice.
01:02It depends on how much will be the monthly allocation per place.