Marcos warned that farmgate prices of palay might again plunge from the present P12 to P15 per kilo to P7 to P8, as it did last year when rice imports caused an oversupply and dragged down prices.“Scheduling importation is one way of helping our local rice farmers while the rice tariffication law remains in place,” she added.
“Beyond collecting deficient payments on import duties and taxes, cancel the permits of this brazen cartel of importers and reshuffle or remove Customs officials who allowed this to happen,” she said.
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