Defining the News
UNFORTUNATELY for government, and woe unto us consumers, there are no quick fixes for the inadequacy of food at affordable prices.
Which is why that 20 peso per kilo rice was the most impossible of promises, and whoever told candidate Marcos that during the campaign should now be exiled into Turtle Island or Mavulis. We import some three million tons a year these days, and all of that through the private sector, the buying costs of which are volatile and the selling prices left to market forces which in this country can be easily manipulated through hoarding as it passes through several cogs in the value chain.
Western economic “advisers” always charge corruption with government-to-government deals, because these are not friendly to their “free-market” mantra, where their grain oligopolists stand to gain through market volatility.Then again, there is agrarian reform, where we gave away land at marginal sizes of three to five hectares, and now on second-generation transfers, absolutely un-economic.
They dig shallow wells or rely on rainwater when NIA is unable to supply them with irrigation. Rainwater is absent in El Nino; shallow wells have to be pumped up with petrol, which is expensive as well.
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