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Tag: rice price increase in the philippines 2023

Negros Oriental Welcomes Harvest Season, Expecting Reduced Rice Prices

Negros Oriental Welcomes Harvest Season, Expecting Reduced Rice Prices

News & Opinion
DUMAGUETE CITY - As the harvest season kicks off in Negros Oriental, the local Department of Agriculture (DA) office anticipates a further decrease in retail rice prices. Alejandro Rafal, the provincial officer of the DA-Provincial Agriculture Technology Coordinating Office (PATCO), expressed this outlook during a recent conversation with the Philippine News Agency (PNA). He explained that although Negros Oriental isn't self-sufficient in rice production, the commencement of the harvest season holds the potential to reduce the cost of this dietary staple, even after the recent lifting of the price cap mandated by President Ferdinand Marcos Jr. through Executive Order 39. Mr. Rafal believes that this potential reduction in rice prices could help stabilize the province's rice supply w...