Rice imports down as of mid-Nov

THE volume of rice imports as of mid-November went down by 16.7 percent compared to the same period last year, the Department of Agriculture (DA) reported.

Data from the DA-Bureau of Plant Industry (BPI) showed that inbound shipments of the staple as of November 16 totaled 2.93 million metric tons (MT), down 16.7 percent from the 3.25 million MT of the same period in 2022.