00:00The Department of Agriculture, or DA, is now studying how to put a maximum suggested retail price on pork.
00:07This is in line with questionable increase in retail.
00:10This is what Vell Custodio reported.
00:14For those who choose to put a maximum suggested retail price on pork.
00:19What you can buy from pork is just one pork,
00:22you can feed your family,
00:24so you can survive.
00:26If it's just right, there should be a lower price.
00:30Pork is more expensive, 400 pesos plus.
00:33It should be just 300 pesos plus.
00:37The Department of Agriculture is now studying how to put a maximum suggested retail price on pork.
00:41This is in line with questionable increase in retail.
00:44This is double the farm gate price, which is only 200 pesos.
00:47The DA's investigation on this is ongoing.
00:50And the last one to fall short of the price of pork
00:53will be faced with the case of violation of the Anti-Agricultural and Economic Sabotage Act.
00:57The DA's investigation on this is ongoing.
01:03According to the DA,
01:04they will now restrict the implementation of 58 pesos MSRP on rice next week.
01:09If we go back,
01:10the DA and the Department of Trade and Industry gave a warning
01:13to those who are not following the 58 pesos MSRP.
01:16Because some rice will be cut,
01:18the old stocks of rice will have to be cut first.
01:20Then, they will follow the implementation of MSRP.
01:23The DA's Rice For All Program is still ongoing.
01:27In the past, the DA's Rice For All Program can only be bought for 40 pesos per kilo.
01:32Now, it is reduced to 58 pesos.
01:35This is in line with the Directive of President Ferdinand R. Marcos Jr. for Food Security.
01:40Vel Custodio for Pambansang TV in Bagun, Philippines.