00:00The price of local rice and eggs has gone down in some markets in Metro Manila.
00:05It's a good thing that some are selling.
00:07Civil Custodian of PTV has news for the country.
00:13The price of local rice in the markets has gone down.
00:16The trend of prices in the supplier is going down especially in local rice because they are running out of their old stocks.
00:27Premium rice is trading at P49.00 to P56.00 per kilo while well-milled rice is trading at P47.00 per kilo in the commonwealth market.
00:35According to the seller, the price of imported rice has been stable since January.
00:40It was also followed by a 58 pesos maximum suggested retail price for imported rice.
00:45When the National Food Security Emergency declared rice yesterday, the Department of Agriculture
00:51This is so that the National Food Authority can issue buffer rice stocks to stabilize the price of rice and make it a supply.
00:58The NFA may buy rice from charity centers, local government offices, and other government agencies.
01:05Meanwhile, aside from rice, the price of eggs has also gone down.
01:09The price of eggs has gone down by P20.00 per tray this month compared to December.
01:14The effort of the Ministry of Agriculture to lower the price of basic commodities is in accordance with the directive of President Ferdinand R. Marcos, Jr. for food security.
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