The price of rice at retail outlets is dropping, which is making consumers happy and which perhaps helped the current administration get the landslide votes to support its slate.
The price of rice at retail outlets is dropping, which is making consumers happy and which perhaps helped the current administration get the landslide votes to support its slate.
On the other hand, rice farmers are bewildered as farm gate prices for palay keep dropping week after week, now already close to 10 percent lower than its price a year ago.
Speculation is largely to blame as ramifications of the Rice Tariffication Law signed last February have started sinking in not just among the ranks of traders and other industry stakeholders, but also among rice farmers too.
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