Post
Topic
Board Economics
Re: I wonder if food prices in your country have also increased?
by
blockman
on 22/09/2023, 23:39:14 UTC
There is always the opportunity for speculans to increase the price of basic commodities, especially rice, I think the government should read this too. Don't just make laws that benefit parties when the object being carried is always the community, especially in this case farmers. I'm the lightest one of the rice producers and is known for the title of rice barn and at the end of the story they have to import rice from other countries, it's sad to see.
Importation is happening now because of the news about the El ñino that's going to last up to next year or so. That's why many countries that have a staple food of rice are importing to secure their buffering stocks. In my country, it's just sad that we're a rice country and we've got vast lands for agricultural products like rice but we're importing because we've got a shortage problem. We're no longer sufficient in producing food for ourselves and that's why we're importing. Even with that, the importation affects the farmers, the prices and the stocks. The price of rice has increased significantly and right now, there's a price ceiling that has been set by our president to control it but it's just a temporary solution.