No rice hoarding in Kalinga

CITY OF TABUK, Kalinga, Oct. 17 (PIA) - -  There is no hoarding of rice in Kalinga. This is the finding of a  composite team that inspected 15 warehouses in  the province in line with the directive of President Duterte to address the issue on artificial rice shortage caused by hoarders, cartels, and their protectors.

 

The inspection team composed of personnel from the National Food Authority (NFA),    National Intelligence Coordinating Agency, Criminal Investigation and Detection Group, and the Philippine National Police Regional Intelligence Unit   checked on the stocks of warehouses and looked on their inventory.

The group also checked on the warehouse of NFA and noted that    the buffer stock imported from Thailand will last until December this year. 

NFA officials admitted they have difficulty buying from farmers its needed stock since the price of middlemen is very much higher than NFA. In July this year, the buying price of middlemen reached P27.00 per kilo of fresh palay.   NFA now buys at P20.00 a kilo of dried palay.

Warehouse owners told   the inspectorate team that there is no hoarding of rice or repacking NFA rice in the province that they know of. They said there is no way of stocking palay in their warehouses  as they are into buy and sell business   and they  sell  their stocks  immediately outside the province to take advantage of the prevailing prices.

The present trend in palay marketing is that it is the middlemen and millers from Isabela who come to buy the produce right at the farm. These big time buyers provide famers the needed agricultural inputs, which in return entitle them to buy the produce minus the payment of fertilizers, weedicides and insecticides during harvest. (JDP/PAB-PIA CAR, Kalinga)

 

 

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