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Thursday, March 28, 2024

Rice liberalization and VILLARization of farmlands

Earlier this week a senate hearing was conducted due to the plumetting prices of Palay (unhusked rice). During the aforesaid hearing, farmers and civil society organizations raised their concern that farmgate prices of palay dropped as low as P7 per kilo, leaving farmers in a disastrous position. Thus pointing out that price drop was caused by the influx of cheap imported rice as import restrictions were removed under Republic Act 11203 or infamously known as Rice Liberalization Law.

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