THE Department of Agriculture reassured the public that the country's rice supply is adequate for the entire year with a comfortable level of inventory.
“We remain consistent that our total projected supply of rice by end of December 2020 would be 17.994 million metric tons , while our total projected demand would be 14.668 MMT, leaving a year-end inventory of 3.326 MMT," he said. The respective figures are gathered by the DA's Field Operations Service from the Philippine Statistics Authority , Bureau of Customs on rice imports, other relevant government agencies, and DA regional field offices in tandem with local government units , on palay production.
Hence, of the total projected demand of 14.488 MMT, the actual rice that would be consumed as food would only amount to 12.9 MMT.
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