Contrary to what everyone believes, the country's rice shortage actually started way back the year 1870 when the Philippines first imported rice. The practice continued except for 2-3 years under the term of President Marcos, when the Philippine actually exported rice. But other than that, domestic production has always been short of the local demand…
This is a continuation of the article “The Current Philippine Rice Situation“. The solution to the Philippine rice problem is a combination of several ideas, the top four of which are discussed below. If the Philippines will be able to successfully implement the three proposals, nothing less than a sustained supply can be expected. Let…
Compared to the more nutritious, cheaper and easily obtainable alternatives, rice has taken the center stage in today's commodity markets, even temporarily dislodging petroleum as the hottest issue. Despite rice shortage being largely imaginary up to this point, the speculative world has started to adversely react. Its world market price rose by more than 50%…