HOME PAGE ABOUT US CONTACT US SUBSCRIBE ADVERTISE ARCHIVES
TOP STORIES NATION ECONOMY COMPANIES SHIPPING OPINION PERSPECTIVE LIFE SPORTS BANKING
SEARCH ENGINE
WWWOur Site
Anchored by Jonathan dela Cruz, Salvador Escudero, Boying Remulla, Teddy Boy Locsin and Alvin Capino
Monday to Friday
8:00pm-10:00pm

ARTICLE SERVICES
  • bookmark this page
  • print this article
  • view archive
  •  
    Lean season for rice
    starts early in C. Luzon
     
    By Carlos D. Marquez Jr.
    Correspondent
     

    HAS the lean season crept in much earlier in Central Luzon with the queues of buyers of the P18.25-kg government-subsidized rice becoming noticeably longer?

    Some of those lining up for rice from as early as 7 a.m. were visibly irked, perhaps for being uncomfortably exposed under the scorching sun while waiting for the store to open at around 9 a.m. to get their limited share of 2-kg National Food Authority (NFA) rice. Some were just short of getting unruly, it was observed.

    Agriculture Secretary Arthur Yap, in a dzMM radio interview from Rome Wednesday morning, also expressed alarm over further rise in commercial rice prices, notably in Mindanao. He explained, however, that: “It is traditional that prices [of rice] go up when the lean season sets in.”

    Yap is attending the one-week high-level meeting on global food crisis led by the United Nations Food and Agriculture Organization in Rome, Italy.

    While prices of commercial rice in Mindanao have reportedly risen up to P50/kg level, those in Central Luzon have, however, remained within P32/kg to P35/kg. Common rice consumers, however, could apparently hardly afford that price level, so they had to bear the difficulties in lining up for the cheaper NFA rice.

    NFA Central Luzon manager Nicolas Crisostomo recently predicted of a “much earlier lean season” because of the continued rise in prices of other basic commodities.

    “The price of oil pushes up the cost of other commodities, including transportation fare and other food products,” he said.

    The global price of oil had indeed shot up in the latter part of May. It triggered rise in prices of local commodities, hence this perceived early lean season in the basically agricultural Central Luzon region.

    The lean season usually starts in the beginning of the third quarter of each year especially in Central Luzon when farmers are waiting for the next rice harvest time in mid-October.

    Lean season also means a virtual standstill in local businesses because consumers do not have money to spend.

    The NFA attributed the longer rice queues to the speculation raised during the height of the rice crisis among the better-off consumers, believing that most of the rice stocks had been kept in the houses of middle-income families now.

    As of April, around 2.05 million bags of imported rice were intact in NFA warehouses in the region, while about 1,319,500 bags were with commercial traders and some 2,370,200 bags were in households, government report showed.

    These combined stocks are expected to last for 83 days.

    In Nueva Ecija, where the harvesting in about 300,000 hectares of rice lands were already completed, the NFA continued to release its stocks of 1,115,201 sacks to accredited retailers, and church and Department of Social Welfare and Development outlets at 60,000 bags every month.

    NFA Nueva Ecija chief Edelino Alejandro said around 300,000 sacks had been set for release during the lean season starting July at the rate of 100,000 sacks each month.

    Food officials apparently failed at the height of the rice crisis to see that the situation would improve in the middle of May.

    OTHER STORIES
    Neda Board OK’s P41.22-B new ODA projects

    THE National Economic and Development Authority (Neda) Board has approved P41.22 billion worth of projects to be funded through official development assistance (ODA).

    read more

    Senate adopts key amendments to Preneed Code to protect planholders

    SENATORS, voting to approve key amendments to the Preneed Code on second reading, agreed to impose additional restrictions on how pre-need funds can be invested in a bid to strengthen protection for planholders and make the industry more viable.

    read more

    Lean season for rice starts early in C. Luzon

    HAS the lean season crept in much earlier in Central Luzon with the queues of buyers of the P18.25-kg government-subsidized rice becoming noticeably longer?

    read more

    Zambo creates rice-monitoring team

    ZAMBOANGA CITY—The city government, through the Local Price Coordinating Council (LPCC), has created a rice-monitoring team to identify reasons of inexplicable increase in the price of rice in this city.

    read more

    IBON urges oil-industry regulation to ensure fair pricing

    THE recent announcement by local oil companies that they would need to increase oil prices by as much as P10 to P11 per liter highlights the urgency of reinstating regulation of the oil industry, according to independent think tank IBON Foundation.

    read more

    GMA issues energy-saving measures in government agencies

    President Arroyo has ordered energy-saving measures to cut electricity and fuel consumption in all government agencies to address the rising power costs, Malacañang announced on Wednesday.

    read more

    Angara supports bill creating Dept of Info, Communications Technology

    Citing the big role of information and communications technology in national development, Sen. Edgardo Angara said he is supporting a bill calling for the establishment of the Department of Information and Communications Technology (DICT).

    read more

    The Business of Consumers: The truth about sellers’ seven-day return policies

    IN a message sent to konsyumeratbp@gmail.com, a reader inquired about his right to return a defective product.

    Mr. Rommel Adolfo bought a pair of rubber shoes at a shopping center in Metro Manila. He shelled out more than P4,000 to get an original, well-known brand that he thought could last for years or at least up to its recommended 350 miles to 550 miles of use.

    read more