MANILA, Philippines 鈥 A Department of Agriculture (DA) official on Tuesday said he does not believe that the so-called rice cartel exists in the country.
DA Undersecretary for Rice Industry Development Leocadio Sebastian was grilled during a hearing of the House committee on appropriations on the DA鈥檚 proposed P108.5 billion budget for 2024.
Manila 6th District Rep. Bienvenido Abante Jr. fired the question about the DA鈥檚 action against the supposed rice cartel in the country.
鈥淲e still have the rice cartel today, what is the DA doing about it?鈥 Abante asked Sebastian, who replied:聽鈥淲e recognize the problem, Mr. Chair鈥斺
But the lawmaker interrupted the DA official: 鈥淟et me interject, do you believe there is a rice cartel?鈥
鈥淢r. Chair, the rice industry is very big in the country, it鈥檚 a big industry,鈥 Sebastian explained.
But Abante was not happy with such an answer: 鈥淒on鈥檛 answer me that, I am asking if you believe there is a rice cartel.鈥
鈥淚 don鈥檛 believe, Mr. Chair, [that] there is a rice cartel [in the country],鈥 Sebastian responded to Abante鈥檚 surprise.
鈥淭he Philippine Competition Commission believes there is a rice cartel. In the City of Manila, we believe there is a rice cartel. This is the first time, the first time [I鈥檝e heard the] answer that there is no rice cartel,鈥 the congressman said.
鈥淚鈥檓 not angry, I鈥檓 just dynamic,鈥 Abante also quickly retorted in an apparent bid to diffuse tension.
Rice prices surged to as high as P56 a kilo and President Ferdinand Marcos Jr. has vowed to go after hoarders and price manipulators taking advantage of the price hike, as he also pointed to costly farm gate prices and importation as among factors that contribute to increased price of the Filipinos鈥 favorite staple food.
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