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080712-R10-RICE


Commercial rice sells at P35/kg in Cagayan de Oro City: After the National Food Authority saturated the market with more affordable, regular and well-milled NFA rice in recent weeks, rice traders and retailers in Cagayan de Oro City began selling some of their commercial rice stocks at P35 per kilogram or lower as shown in this photo taken at the Cogon Public Market today, July 11. According to NFA-10, some commercial stalls in the region even brought down their prices to as low as P30-P32/kg and people in all walks of life now have the choice as to where and what rice to buy, hence, rice supply and rice price have been stabilized.(Exuperio S. Zagado/PIA-MisOrOcccCam)

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