The case of disappearing rice

THE Philippine Statistical Authority earlier this month reported that the country's first quarter ending rice stock stood at 1.64 million metric tons , around 11 percent lower than the 1.84 million MT in the same period last year. It further noted that 'rice stocks inventories registered annual decreases from the NFA depositories by 58 percent, from the commercial sector by 9.1 percent and from the households by 7.6 percent.

If this is the case, the country has no choice but to import more rice during the extended lean months from May to August to avoid drastic price increases.On a lighter and positive development, a conference on 'Bamboo Plantation and Value Chain Development and Financing' was held in Cagayan de Oro City last May 10–11. There is increasing interest in bamboo propagation because of its potential contribution in reducing global carbon emissions.

Case Of Disappearing Rice

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