Piñol: No rice shortage; PH has ‘record’ stocks | Inquirer News

Piñol: No rice shortage; PH has ‘record’ stocks

/ 09:34 AM February 08, 2018

Agriculture Secretary Manny Piñol. INQUIRER FILE

Agriculture Secretary Emmanuel “Manny” Piñol belied reports of a rice shortage in the country as he disclosed that the Philippines was facing a “record” 3-million-metric-ton surplus of the staple in the first quarter of 2018.

“Sobra-sobra ang ating bigas ngayon (We currently have an oversupply of rice),” Piñol said over radio dzMM.

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According to him, the country ended 2017 with a surplus of 2.7-million-metric-ton surplus of locally produced rice.

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In the first quarter of 2018, Piñol said the Department of Agriculture expected a harvest of about 3.1 million metric tons of the staple, which will bring local stocks to about 5.8-million metric tons.

“Kakainin ng Pilipino yung 2.8 million metric tons sa first 90 days. So, after the first quarter, mayroon pa tayong maiiwan na 3 milyong tonelada ng bigas (Filipinos will eat 2.8 million metric tons in the first 90 days. So, after the first quarter, we will still have 3 million metric tons of rice),” the agriculture secretary said.

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“This is the highest in the country in recent years,” he added.

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Piñol made the disclosure amid reports that the country was experiencing a rice shortage after the National Food Authority (NFA) announced that it was running low on stocks.

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“Na-mis-interpret lang yung statement ng NFA na merong shortage,” he said.

“Hindi mali ang balita ng NFA na meron silang shortage (The report that the NFA is having a shortage is not wrong),” he said. “But they were referring to their own buffer stock,” not the rice stock of the country, Piñol clarified. /cbb

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TAGS: Food, Manny Piñol, News, NFA, rice

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