{"id":20730,"date":"2024-07-08T09:55:21","date_gmt":"2024-07-08T09:55:21","guid":{"rendered":"https:\/\/www.selinawamucii.com\/news\/?p=20730"},"modified":"2024-07-08T09:59:23","modified_gmt":"2024-07-08T09:59:23","slug":"rice-for-all-program-brings-rice-affordability-to-the-philippines","status":"publish","type":"post","link":"https:\/\/www.selinawamucii.com\/news\/2024\/07\/08\/rice-for-all-program-brings-rice-affordability-to-the-philippines\/","title":{"rendered":"“Rice-for-all” program brings rice affordability to the Philippines"},"content":{"rendered":"\n

The government of the Philippines is introducing an ambitious nationwide “Rice-for-all\u201d program that insures affordable retail\u00a0\u201cpalay\u201d prices<\/u><\/a>. This comes after \u201cProgram 29\u201d which is offering select Manila and Bulacan residents a dream\u00a029 pesos<\/u><\/a>\u00a0($0.50) a kilo for rice.<\/p>\n\n\n\n

On July 6, 2024, Genevieve Guevarra, the Assistant Secretary at the Department of Agriculture (DA), promised to start the initiative soon.<\/p>\n\n\n\n

Guevarra cites the program will offer between 45 and 48 pesos<\/u><\/a> ($0.77-0.88)) per rice kg, this time round nationally.<\/p>\n\n\n\n

Market Prices<\/strong> <\/h3>\n\n\n\n

In comparison, retail rates for well-milled palay were above the 50-peso mark, at 51.5 pesos ($0.88) a kg on July 5.<\/p>\n\n\n\n

Recent average retail rates for well-milled \u201cpalay\u201d had peaked at\u00a056.520 pesos\u00a0<\/u><\/a>\u00a0($0.97) a kg on May 27. The price gradually lowered to 56.5 pesos ($0.96) on June 10 and then to 56.35 pesos ($0.96) per kg on June 24. However, this is still double the brief \u201cProgram 29\u2019s\u201d appetizing rate of 29 pesos ($0.50) a kg.<\/p>\n\n\n\n

The 2024 retail price had peaked at 57.04 pesos ($0.97) per kg on April 15 from inflation. This was despite governmental subsidization efforts<\/u><\/a> through price caps going back to October 2023. <\/p>\n\n\n\n

Enter the “Rice-for-all” program<\/strong><\/h3>\n\n\n\n

But with the new \u201crice-for-all\u201d program, there will be not only affordability but quantity guarantee for consumers.<\/p>\n\n\n\n

The assistant secretary Gueverra suggested that if there will be 25-kg sack offers, anyone will definitely purchase these affordably.<\/p>\n\n\n\n

She added that the first places to get the cheap rice with quantity guarantee will be KADIWA centers. KADIWA is a government platform that directly joins farmers and agripreneurs with consumers, especially via the eKadiwa<\/u><\/a> online page. <\/p>\n\n\n\n

\u201cProgram 29\u201d<\/strong><\/strong><\/h3>\n\n\n\n

Indeed, the first stores to gain \u201cProgram 29\u201d access that preceded the \u201crice-for-all\u201d initiative were all Kadiwa zones. The rest of the country will follow suit and hence avert a bite of the rising standard of living.<\/p>\n\n\n\n

\u201cProgram-29\u201d is only accessible to senior residents, the disabled and struggling parents for three days a week. <\/p>\n\n\n\n

The 29-peso a kg initiative is currently registering total 10 kg of rice purchases per eligible citizen per month.<\/p>\n\n\n\n

Ultimately, the Philippines\u2019 \u201cRice-for-all\u201d program is a godsend as monthly palay rice inflation has edged from 22.5% to 23% in July 2024. And as the statistics below reveal, like inflation, local prices of rice have been changing over the years since 2000.\u00a0<\/p>\n\n\n\n

Philippines<\/strong> Rice Price Statistics<\/strong><\/h2>\n\n\n\n

The Philippines was the 8th<\/sup> biggest producer of rice in the world, at 19,960,000 tonnes<\/u><\/a> in 2021. The country also emerged the second biggest importer of rice globally in 2022 at 3.9 million tonnes<\/u><\/a>. Given this huge appetite for white and brown rice, the country controls prices with minimum retail price (MRP) caps regularly. <\/p>\n\n\n\n

What are the retail price highlights of rice in the Philippines in the past 20 years<\/strong>?<\/p>\n\n\n\n

According to the Philippines Statistics Authority (PSA), retail prices were at\u00a017.59 pesos\u00a0<\/u><\/a>($0.30) a kg in 2000. By 2008, they had increased to 29.38 pesos ($0.50), and a decade later in 2018 had upped to 40.86 pesos ($0.70) a kg. 2022 saw a retail price depreciation to 39.14 pesos ($0.67) a kg while 2023 witnessed a rise to\u00a042.80 pesos<\/u><\/a>\u00a0($0.73) a kg.\u00a0<\/p>\n\n\n\n

How have producer prices of \u201cpalay\u201d rice performed in the Philippines since 2000<\/strong>? <\/p>\n\n\n\n

Farm-gate prices have performed in concert with retail prices since the turn of the millennium. In 2000, for example, the producer price for \u201cpalay\u201d rice was 7.50 pesos<\/u><\/a> ($0.13) a kg. This was 20.09 pesos ($0.34) less than the retail equivalent.  By 2008, the rate had hit 14.13 pesos ($0.24) a kg. 10 years later in 2018, the price had notched up to 20.43 pesos ($0.35) a kg.  Like the retail category, farm-gate prices dipped in 2022 to 17.44 pesos ($0.30) a kg. They however rose again in 2023 to 19.88 pesos<\/u><\/a> ($0.34) a kg. <\/p>\n","protected":false},"excerpt":{"rendered":"

The government of the Philippines is introducing an ambitious nationwide “Rice-for-all\u201d program that insures affordable retail\u00a0\u201cpalay\u201d prices. This comes after \u201cProgram 29\u201d which is offering select Manila and Bulacan residents a dream\u00a029 pesos\u00a0($0.50) a kilo for rice. On July 6, 2024, Genevieve Guevarra, the Assistant Secretary at the Department of Agriculture (DA), promised to start…<\/p>\n","protected":false},"author":3,"featured_media":19870,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"yoast_head":"\n"Rice-for-all" program brings rice affordability to the Philippines - Selina Wamucii | Food & Agriculture News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.selinawamucii.com\/news\/2024\/07\/08\/rice-for-all-program-brings-rice-affordability-to-the-philippines\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\""Rice-for-all" program brings rice affordability to the Philippines - Selina Wamucii | Food & Agriculture News\" \/>\n<meta property=\"og:description\" content=\"The government of the Philippines is introducing an ambitious nationwide “Rice-for-all\u201d program that insures affordable retail\u00a0\u201cpalay\u201d prices. 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