Enough rice stockpile to meet domestic needs: Mohamad Sabu

: The country’s rice supply is sufficient to cover domestic needs for another four to five months and there is no urgent need to use the stockpile, said Agriculture and Food Security Minister Datuk Seri Mohamad Sabu.

“The existing commercial stock of 650,000 metric tonnes is sufficient to cover domestic needs,“ he said when winding up the debate on the motion for the 12th Malaysia Plan Mid-Term Review in the Dewan Rakyat today. “The BPI price adjustment of up to 36 per cent, that is from RM2,350 to RM3,200 per metric ton from Sept 1, 2023, was implemented by BERNAS to reduce the increasing losses in covering the cost of purchase and import,” he added.

The initiatives being carried out included the implementation of the Large-Scale SMART Padi Field programme which has been expanded by targeting ​​150,000 hectares of padi fields with an average yield of seven tonnes per hectare.

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