Rice Shortage

April 12th, 2008 8 Comments

It’s all over the news! The country, as well as the whole of Asia, is experiencing rice shortage. The sky rocketing prices of the commercial rice has reached high prices leaving the Filipinos unable to purchase commercial rice and falling in queues to avail NFA rice. Since NFA rice is sold almost half the price of commercial rice, many Filipinos are forced to buying NFA rice just to have rice served on their tables.

Since rice is the staple food of Filipinos, many still prefer eating rice than any other crop despite of the government’s campaign on shifting from rice to other crops such as corn, potatoes, sweet potatoes, and others. That is why, as rice supply continue to dwindle, its price in the market continue to rice. The National Food Authority which is the source of NFA rice is now planning to increase the price of NFA rice because they are experiencing continued losses and that they cannot anymore supply NFA rice with its current price in the market. This will again result to more Filipinos having no rice served on their tables. This might be the right time for people to start eating crops other than rice until rice production becomes enough to supply world demands.

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