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IRRI: High Rice Price up to 2 Years

Friday, April 11, 2008 0 comments

Rice prices really keep on increasing. Now, vegetables start to increase and just make citizens carry extra burden. IRRI (International Rice Research Institute) said that rice price will not decrease in two years span. The Philippine based institute warned the civilians of this rice price increase and government started to give civilians with cheap rice to sustain life. It was said that it will take longer time to make rice price decrease since rice is an international product and many countries are asking for it.

People all around the globe consumes rice and many people consume rice more than what they are expected. Farmers producing rice is needed but it is useless for now since, population increases faster than rice, it is certainly an imbalance. In Philippines, rice is essential and many poor families struggled in buying rice. Now, poor families struggle much more because of the increasing price of vegetables that have been a good alternative for meat.

This was because rice was reported to be increasing and diminishing its stock. Then, these businessmen made this issue truer and put an immediate increase in rice just for their profit. IRRI said that this issue mostly affects urban poor as well as farmers who farm and harvest. Note that farmers don’t have any advantage on rice since they are only workers and they need to buy rice from their own salary.

On my own opinion, this 2 years time would be deadly to us. Philippines have poor people to be thinking of and it will be a very long time. Burden will always be a burden. Rice increase means death. People need rice and it’s very useful for us. 2 years of this issue is risky.

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