The P 45 well-milled and P 41 regular mill local rice are being sold in Trabajo market, Manila. Almost a month after the implementation, the Department of Agriculture recommended to President Bongbong Marcos Jr. the lifting of the mandatory rice price ceiling. INQUIRER PHOTO / RICHARD A. REYES
The lifting of the price ceiling on rice, which was imposed last month, is now in the hands of President Ferdinand 鈥淏ongbong鈥� Marcos Jr., an official of the Department of Agriculture (DA) said on Tuesday.
Gerald Glenn Panganiban, director of the Bureau of Plant Industry, said the DA and the Department of Trade and Industry (DTI) have recommended to the President, the concurrent agriculture secretary, the lifting of the price cap, citing favorable indicators that include the drop in global prices of rice.
Sectoral meet
He said the recommendation was made during a sectoral meeting with Marcos in Malaca帽ang on Tuesday.
鈥淭hat鈥檚 why we met [on Tuesday]鈥攖he DA and the DTI鈥攕o we can recommend and the President will be the one who will be deciding on it,鈥� Panganiban said at a Palace briefing.
DA officials, in their presentation during the meeting, identified indicators on lifting the price cap, such as the decreasing rice prices in the domestic market, increasing supply of rice and the drop in global prices, among others, according to Presidential Communications Secretary Cheloy Velicaria Garafil.
Panganiban, citing their evaluation, said the parameters had all been met.
鈥淚t looks like we are ready,鈥� he added.
Panganiban earlier pointed out that the price cap on rice would only be temporary.
On Aug. 31, Marcos issued Executive Order No. 39, imposing price ceilings on rice in the country following the 鈥渁larming鈥� increase in its retail prices in local markets.The mandated price ceiling for regular milled rice is P41 per kilo while the mandated price cap for well-milled rice is P45 per kilo.
No new DA chief yet
According to Garafil, government records show that the supply of rice in the market is enough for 52 days by the end of September.
By the end of October and with the harvest in full swing, the supply would be equivalent to 74 days, she added.
Panganiban, also on Tuesday, said he could not confirm reports on whether the President would appoint a new agriculture secretary amid the clamor of some sectors.
鈥淚 can鈥檛 confirm [that] to you. Hopefully not, because our President, I think, is doing a great job [at] the helm of the department,鈥� Panganiban said, citing the export of three new agricultural products (durian, mangoes and avocado) as one of the major achievements of the department under Marcos鈥� leadership.
Survey
When asked if he thought the President鈥檚 lower performance ratings in the September survey of the polling firm Pulse Asia had something to do with the steady increase in the prices of rice, Panganiban said: 鈥淲hat can I say [is that] the President is really committed to serving all. I think he is the President for all鈥攏ot only for the farmers, but also for the consumers.鈥�
The survey was conducted from Sept. 10 to Sept. 14. The price cap on rice that the President approved was implemented starting Sept. 6. INQ