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PIA Press Release
2007/11/19

Farm, aggie products sufficient, affordable

by Jemin B. Guillermo

Roxas City (19 November) -- Farm and agricultural products is Capiz remain sufficient and affordable despite the continuous increase in oil price.

According to Eric Piansay, head of the Bureau of Agricultural Statistics (BAS) in Capiz, despite the hike in the price of commercial rice that ranges from P24.00 to P27.00 per kilogram for regular and well-milled rice on retails, the National Food Authority (NFA) has maintained the sale of government rice at P18.00 per kilogram.

Piansay said that the farm gate buying price of palay by traders as of October 31 was only from P10.00 to P10.70 per kilogram, however the government's buying price is already P11.00 per kilogram.

Generally, there is no abnormal behavior of prices of farm and agricultural products in the province, although an insignificant rise in the price of some vegetables were noted, he said.

He added that the slight increase in the price of fish is brought about by the unfavorable weather condition.

Amidst the oil price hike in the world market that is expected to have a domino effect on all basic and prime commodities, President Gloria Macapagal-Arroyo has urged the public to unite and join hands in mitigating its impact and further improve the lives of the people.

Meanwhile, the President recently ordered the release of P1 billion allocation for hunger mitigation measures for the remainder of the year to boost the government's anti-poverty program.

The hunger mitigation program addresses the unavailability or insufficiency of supply of food, and the lack of money as financial resources with which to purchase food items (demand).

With the upcoming Christmas season, BAS- Capiz earlier said that Capiceņos remain assured of sufficient supply of rice, vegetables, meat and other agricultural products that are still affordable to ordinary consumers. (PIA) [top]

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