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Consumers and small businesses struggle with soaring rice prices

For Kilusang Magbubukid ng Pilipinas, the maximum suggested retail price is just a band-aid solution and does not address the root cause of the continued rise in rice and food prices—the lack of support for local farmers, neoliberal agricultural policies, and the importation of cheap rice that undermines local production, as well as the absence of genuine rural industrialization.

Market Watch | Farmers cannot afford rice these days, says group

“We are justified in opposing high rice prices that burden consumers and even farmers who cannot afford it anymore. The public must strongly oppose and protest against exorbitant rice and food prices. However, Marcos Jr’s price ceiling and other palliative measures do not explain why rice is expensive in the country, and more importantly, none of these address the most basic problems of rice farmers."

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