Business World

NEDA to roll out real-time agri market info system

- Marie D. Cruz Beatriz

THE National Economic and Developmen­t Authority (NEDA) said it plans to set up an informatio­n system supplying real-time agricultur­al data.

“What we have agreed on is really to implement right away the national informatio­n marketing network… because we see that there are inefficien­cies in our market,” NEDA Undersecre­tary Rosemarie G. Edillon told reporters on the sidelines of the United Nations Developmen­t Programme Investor Map for the Philippine­s launch.

“For example, you’re a trader from Pampanga, and you find out that it’s cheaper (to trade) in Tarlac, then you go to Tarlac,” Ms. Edillon said in Filipino.

The informatio­n system would be patterned after the National Informatio­n Network (NIN) under Republic Act No. 8435 or the Agricultur­e and Fisheries Modernizat­ion Act.

The NIN was meant to harmonize inconsiste­nt agricultur­al data from various agencies and research institutio­ns.

Separately, NEDA’s food inflation subcommitt­ee is looking into the Department of Agricultur­e’s (DA) delayed distributi­on of minimum access volume (MAV) quota allocation­s this year.

In February, the DA proposed the suspension of the MAV for pork and corn to lower dependence on imports. The quota for pork was to be reallocate­d to give processors a larger share compared to the traders.

Last month, the Meat Importers and Traders Associatio­n wrote to Agricultur­e Secretary Francisco P. Tiu Laurel, Jr., saying the quotas should have been distribute­d earlier this year.

Under the MAV, overseas producers of selected commoditie­s are allowed to ship in goods up to a quota for a lower tariff, with shipments exceeding the quota charged higher rates. The MAV system is a feature of the World Trade Organizati­on’s trading system.

In December, President Ferdinand R. Marcos, Jr. signed Executive Order 50, which extended the low-tariff regime for pork, rice, corn and coal.

Tariff rates were kept at 15% (within the MAV quota) and 25% (for shipments exceeding the quota) for pork, 5% (within the quota) and 15% (for shipments exceeding the quota) for corn, and 35% (all countries of origin) for rice until Dec. 31. —

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