THE Los Banos-based International Rice Research Institute (IRRI) has urged the Philippine government to increase the country’s rice production so prices of staple will go down.
“The price of rice in the Philippines is slightly higher than [in]any other countries, so by increasing productivity we will be able to bring prices down,” Bruce Tolentino, deputy director general of the International Rice Research Institute (IRRI), told The Manila Times in an interview over the weekend.
“So they [rice farmers]don’t get harm by increased production because that usually results in lower prices. They will be protected because there’s not only increased production, there’s also improved quality which will maintain the price difference,” he explained, referring to the need for farmers to also improve the quality of the palay or unmilled rice.
The IRRI official also said the Philippine government must continue to invest in technological development so farmers have the tools to keep improving their rice production.