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NFA: No SRPS for rice in province yet

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THE National Food Authority (NFA) in Negros Occidental has yet to receive the memorandum from the Department of Agricultur­e (DA) before it can start implementi­ng the suggested retail prices (SRPS) for rice in the province, its top official said yesterday.

Frisco Canoy, provincial manager of Nfa-negros OCTHE cidental, said there is no communicat­ion yet from the agency as to the effectivit­y of rice SRPS here, which was earlier announced by Agricultur­e Secretary Emmanuel Piñol to start today, November 5.

“Aside from the effectivit­y, the memorandum will also contain the new rice classifica­tion and how it will be displayed in the market including the labeling,” he added.

During his visit to the province on October 26, the Agricultur­e chief said the price of rice in the province is seen to further drop with the impending implementa­tion of SRPS.

Piñol, who is also the chairman of the NFA Council, said retailers have to follow the SRPS as there are penal provisions for its implementa­tion.

Once implemente­d, violators may be imprisoned for four months up to four years depending on the offense, he warned, adding that this is on top of cancelatio­n of license in engaging in grains trading and penalty of P2,000 to P1 million for overpricin­g.

The agency, earlier, pointed out that there will be separate SRPS for the regions like Western Visayas including Negros Occidental.

This will depend on the result of the cost structure analysis being conducted.

In Metro Manila, for instance, SRPS for imported well-milled rice is set at P39 per kilogram.

For premium imported rice, the cost should not be higher than P43 per kilogram, which is the same rice sold for P65 to P68 per kilogram months ago.

In terms of local rice, the SRPS among markets in Metro Manila are P39 for regular milled, P44 for well-milled, and P47 per kilogram for premium rice.

Piñol explained that the price in Metro Manila will just serve as the basis for setting regional SRPS. Thus, it may be lower or higher as figures are not constant including that for the transport cost.

To ensure compliance, the monitoring will be conducted by the NFA, Department of Trade and Industry (DTI) and even the Philippine National Police, he added./epn

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