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to P13 billion for farmers. ^ 9:::d o.n fiBures from the-phiiippine . If is one of two measures appioved by
the council to cut down the ieiail price's
Statistics Authority (PSA), fie aveiage
Assistant minority leader Magsasaka of rice and sustain jts local palay-birying
Rep. ArgelJoseph Ca6atbat told thi week- price of palay fell 4.4 percent to P15.58 operauons.
lv Parti-list Cbalition forum yesterday per kilo as of end-August. The NFA Council also resolved to flood
that deipite the uruegulated imPortation ' Agricultu re 'Secretary William Dar
oi .i." una"t u new liw, cartels'con tinue
' Metro Manila and other markets nation-
echo6d Dansal's sentiments, saying the wide with 3.6 million SO-kilogram bags
to smuggle the staple. additional P15-billion budget would help o{ rice, m.aking up NFA otdimporte'd
"Rici-smuggling and cartels do not with the procurement of palay from local
9
stocks valued at P4.86 billion. proceeds
only deny the government of revenue farmers. from the sale of old stocks cair be used
but also Put Poor "This will help the NFA buY moie to procure palay from farrners.
FiliPino famiiies -
Catherine Talaver4 Rhod!na Villanuev4
With
palay," he said.
on the edge of hun- Eva Visperas
ger and poverty,"
Cabatbat said.
. PalaypdceuP
\ 7/ro6t- PAq€')
Farmers said the Depaftmmt of Agdctjl-
He said the law ture (DA) should ensure that palay prices
liberalizing rice im- would not go down further when it releases
portation Provided larse volume of rice in the market.
that imports are bu, unnounced that the DA would
levied a 35-Percent bring down rice prices to P27 Per kilo
tariff, but this has by fl-ooding lhe nrarket with 3.6 million
not benefited con- bigs of rice and increase palay price to
sumers and farm- P15 from P17 per kilo for clean and dry.
ers. The NFA sat Oct. 10 as a ddadline to
"Rice Prices re-
dispose of the 3.6 million sacks of rice in
main high, while its warehouses,
oalav orices have "It took the DA almost a month be{ore
iallin'to. record deci ding to rclease the rice ihat is equivalen t
lows," he said. to 10 divs of stock. Since farmers will har-
Cabatbat said vest eariv this September-October, the DA
the House would might u{e it as an ercuse not to buy palay
begin its inquiry af- from farmers," KiJusang Magbubukid ng
terpassing the Pro- Pilipinas chairman Danilo Ramos said.
poded P4 l-trillion
irationalbudget {or