15th february 2018 daily global regional local rice e newsletter

Page 55

set up in the regions, where farmers’ cooperatives can directly sell the affordable rice to consumers. (Pixabay photo) MANILA — The Department of Agriculture (DA) set its “Bigas ng Masa” affordable rice program rolling on Wednesday, initially launching it in Quezon City and shortly farming it out to its regional offices nationwide. To make it more accessible to more Filipinos, the DA said Bigas ng Masa outlets can be set up in the regions, where farmers’ cooperatives can directly sell the affordable rice to consumers. “We’ll help market their rice,” Agriculture Secretary Emmanuel Piñol said in a media briefing Wednesday. Aside from helping farmers earn, he said such marketing assistance under the Bigas ng Masa would eliminate price-raising layers of middlemen and other players crowding the supply chain, so consumers can buy rice that’s generally cheaper than what’s sold in the market. With Bigas ng Masa, DA said consumers can buy quality rice at PHP38 per kilogram. The DA assured looking into interventions that would further lower rice prices without draining the farmers’ income. Piñol expressed disappointment over reported increases in commercial prices of rice after reports that the National Food Authority has dwindling rice stocks. He said this should not be the case, as rice harvest in the country even increased last year, based on data from the Philippine Statistics Authority. The DA and International Rice Research Institute (IRRI) assured the country’s rice situation is under control, noting “there’s enough rice for everybody” for 92 days straight. (PNA)

Bengal traders cash in on slow paddy procurement February 14 2018 Khaira: A slow pace of procurement of paddy by 14 cooperative societies under Khaira block in Balasore added to the overflowing woes of farmers. The problem was allegedly due to an unholy nexus between civil supplies officials and rice millers. Scores of farmers are in a hurry to pay off loans which they took from societies and private money lenders. Impatient over the delay, they are compelled to sell their paddy to traders at throwaway prices. Now, most of the traders from West 55


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