Philippines | January 21 2014
Rice is headline again. Rice smuggling, that is.
And that there will be increase in price of rice due to shortage.
There are some said news of impending rice shortage, and importation again. I was told that the rice shortage or conditioning our minds that there is a shortage and that the only solution is a ruse for some quarters to make money from this crisis. It is not clear whether the crisis is real or not. But according to sources, money is made several ways:
Making a killing on a crisis
1. license to import rice cost millions
2. bidding of rice from the govt agency;
3. disposal of "rotting rice" which may be not rotting, or mixed with good rice.
Plus the purchase of fertilizer, the farm inputs, subsidies to farmers.
