DA, PhilRice, IRRI join forces to say there’s enough supply of rice
The Department of Agriculture (DA), Philippine Rice Research Institute (PhilRice), and International Rice Research Institute (IRRI) have recently joined forces to say that there is enough buffer stock of rice good to supply the rice requirement of the country for about 96 days.
Agriculture Secretary Emmanuel F. Piñol said that following a mathematical computation, which determines rice sufficiency, the supply of palay is already above and beyond the national requirement.
In a report released by the Philippine Statistics Authority on January 2018, which was both cited by IRRI and PhilRice, palay yield in 2017 reached 19.28 million metric tons (MMT), increasing by about 1.63 MMT compared to the 2016 production.
“This was highest production in the history of the rice industry,” Piñol said.
Piñol attributed the increase in production to good weather conditions, use of high yielding variety seeds, and sufficient water supply.
Despite loss reaching to about 103,000 MT because of calamities, the agri chief announced that the country is already 96 percent rice sufficient.