Rice imports reach 1.4 million MT as of end-July

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The Bureau of Plant Industry reports 1.457 million metric tons of rice imports as of end-July, with Vietnam still topping the list of importers.

Rice imports reached 1.457 million metric tons in the first seven months of the year, data from the Bureau of Plant Industry showed.

This is slightly lower than the 1.491 million MT reported in the same period last year, which includes those that arrived prior to the implementation of the Rice Tariffication Law in March.Imports were from China, India, Myanmar, Pakistan, Taiwan, Thailand, and Vietnam. About 47,896 MT came from Thailand alone, BPI reported.

In 2019, total rice imports reached 2.9 million MT as the government removed relaxed restrictions on rice imports, while requiring a 35-percent tariff on Southeast Asian grain.Agriculture Secretary William Dar told CNN Philippines that for this year, “imports will still come but not as high as last year.” He added that they are expecting around 2 million MT of rice to come in, which is “more than enough.

As for the coming months, Rolando Dy, executive director of the Center for Food and Agribusiness of the University of Asia and the Pacific, said “with expected good harvests, imports will be moderated.” Philippine Institute for Development Studies Roehlano Briones also expects weaker imports even on lean months, which last from July to September, due to the high price in the world market and enough local supply due to subdued demand.

 

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'INUTIL' NA TALAGA TAYO SA VIETNAM & OUR NEIGHBOURING ASEANS! WHAT A SHAME!!!!!!!!PERO SA KAHAMBOGAN 'TOPS' TAYO!

Vietnam tops the list? the article writes Thailand. What?!

Bukod sa tamad na magsaka ang mga Pinoy dahil walang kita, binabagyo din tayo. Sandamakmak na kalamidad. At syempre, pinabayaan na din ng gobyerno.

kala ko po ba agriculture strength natin? bakit tau mag iimport ng basic food?

y'all remember the times when we were the teachers of these countries on how to grow rice

You mean Vietnam is the top supplier.

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