00:00The Department of Agriculture and local governments are now working on the process
00:05to release the cheap NFA rice to the public next week.
00:10Meanwhile, the maximum suggested retail price for pork is possible to be released before the end of February.
00:16Clay Zalpardilla, for Central News, live.
00:19Angelique, the Department of Agriculture and National Food Authority will be able to release the cheap NFA rice next week.
00:30According to Agriculture Secretary Francisco T. Laurel Jr.,
00:36the 50 local governments announced that they will buy cheap rice from the NFA.
00:43The agency and local governments are now working on the process
00:47to allow consumers to taste the cheap NFA rice.
00:53The National Food Security Emergency was recently declared.
00:58The NFA will sell cheap rice.
01:01Its goal is to lower the price and expand the NFA warehouses
01:06to accommodate the needs of the local farmers.
01:11President Ferdinand R. Marcos, Jr. is also focusing on the price of pork.
01:18Before the end of February, the maximum suggested retail price for pork is possible to be released.
01:25The price of pork is now increasing from P345 to P480 per kilo.
01:31Mr. Laurel said that the price will not exceed P400.
01:36The agency is also focusing on the fight against smuggling.
01:40Today, the NFA released 16 importers under the blacklist.
01:47That means, Angelique, that they will not be able to import agricultural products.
01:52Four of them were fined by the NFA.
01:56That is the latest news. Back to you, Angelique.
01:59Okay. Thank you very much, Flazel Pardilla.
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