Rice stock estimate questioned

By Janine Alexis Miguel

Dec 22, 2023 12:15 am

THE Federation of Free Farmers (FFF) is questioning the Agriculture department's forecast of substantially higher ending rice stocks for 2023, noting that domestic output growth would be marginal and that imports had dropped.

Agriculture Assistant Secretary and spokesman Arnel de Mesa last week said that the national rice stock inventory would be enough for 85 to 90 days or about 3.3 million metric tons (MT) by end-December.

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