filipino consumers may soon enjoy more affordable rice as global prices for the staple grain take a notable dip, especially in major exporting nations like Vietnam, India, and Thailand.
MANILA, Philippines – The Department of Agriculture (DA) has revealed that the maximum suggested retail price (MSRP) for imported rice, especially the 25% broken variety, could drop below ₱50 per kilogram. This progress follows a sharp decline in international rice prices, providing much-needed relief to households across the country.
“That’s a probability considering na very sharp nga ‘yung pag-decline from December 10 to January 10 nitong presyo ng bigas sa international market,” said DA spokesperson Arnel de Mesa during a press briefing on January 13. (That’s a possibility given the steep drop in global rice prices between December 10 and January 10.)
In response to rising costs, the DA has established an MSRP of ₱58 for imported rice in Metro Manila, effective january 20. This benchmark was determined using the prices of 5% broken rice from Vietnam, which included shipping and handling expenses.
Recent figures from the Vietnam Food Association underscore the downward trend. The price of 5% broken Vietnamese rice decreased from $510 to $434 per metric ton, while 25% broken rice fell from $409 to $326 per metric ton. Similar reductions were noted in India and Thailand, with 5% broken Indian rice dropping from $449 to $440 per metric ton and Thai rice declining from $479 to $438 per metric ton.
“It might very well be lower kasi yung initial na computation sa P50, mataas na ‘yung presyo sa international market.ito na bumababa, definitely, it will go down below P50 yung 25% broken,” De Mesa added. (The initial ₱50 estimate was based on higher international prices. With the current drop, 25% broken rice will likely fall below ₱50.)
The Philippines imported a record 4.78 million metric tons of rice in 2024, highlighting the nation’s dependence on global markets to meet domestic demand. As of July 10, 2024, imported rice prices in the Philippines ranged from ₱28 to ₱65 per kilogram, depending on the type and quality.
This price adjustment is expected to benefit millions of Filipino families, particularly those in urban centers like Metro Manila, where rice is a dietary staple. The DA’s initiatives to stabilize prices come amid volatile global market conditions and aim to ensure affordability for consumers while supporting local farmers.
As the international rice market continues to shift,the DA remains committed to monitoring trends and implementing measures to safeguard both consumers and producers.This balancing act is crucial in maintaining food security and economic stability in the Philippines.
Ajax’s Transfer Strategy: Balancing Youth Development and Immediate Needs
Table of Contents
- 1. Ajax’s Transfer Strategy: Balancing Youth Development and Immediate Needs
- 2. Ajax’s Dual Focus: Experience and Youth
- 3. Speculations Surrounding Wijndal and Ávila
- 4. Youth Development at the Core
- 5. Navigating a Competitive Market
- 6. A Message to Ajax Fans
- 7. Ajax’s Transfer Strategy: Building a Team for the Future
- 8. What impact might the decline in global rice prices have on Filipino households and food security?
as the January transfer window heats up, Ajax’s Head of Transfers and Scouting, Marco van der Meer, sheds light on the club’s approach to reinforcing its squad. Known for its commitment to nurturing young talent,Ajax is once again at the forefront of strategic player acquisitions,blending immediate needs with long-term growth.
Ajax’s Dual Focus: Experience and Youth
In a recent interview, van der Meer emphasized the club’s dual focus during this transfer window. “We’re looking at both experienced players and young talents who align with our philosophy of developing future stars,” he said.This balanced approach ensures that Ajax remains competitive while staying true to its roots in youth development.
Speculations Surrounding Wijndal and Ávila
Rumors have been swirling about potential replacements for Owen Wijndal and jorge Ávila. Van der Meer confirmed these reports, stating, “Both wijndal and Ávila have been important players for us, but as part of our strategy, we’re exploring options to bring in fresh talent.” While he refrained from naming specific targets, he highlighted the qualities Ajax is seeking: versatility, technical ability, and a strong mentality.
Youth Development at the Core
Ajax’s reputation for fostering young talent is well-earned, and this philosophy heavily influences their transfer decisions.“Youth development is at the heart of everything we do,” van der Meer explained. “While we’re open to signing established players,we prioritize individuals who can grow with the club and contribute to our long-term vision.”
The club’s extensive scouting network plays a crucial role in identifying promising players worldwide. “The goal is to integrate them into our system, where they can develop under the guidance of our coaching staff and eventually make an impact at the highest level,” he added.
The current transfer market presents its own set of challenges. “The market is more competitive than ever,” van der Meer noted. “Clubs are increasingly aware of the value of young talent, and prices have risen substantially. Additionally, the January window is shorter, which adds pressure to make rapid but informed decisions.”
Despite these challenges, Ajax remains confident in its approach. “We have a strong team in place, and our data-driven approach helps us identify the right players who fit both our budget and our playing style,” he said.
A Message to Ajax Fans
Van der Meer also had a message for Ajax supporters during this pivotal time. “We’re working tirelessly to ensure that the squad is strengthened in a way that aligns with our values and ambitions.Fans can trust that every decision we make is with the club’s long-term success in mind.”
As Ajax continues to navigate the complexities of the transfer market,its commitment to youth development and strategic planning remains unwavering. With a clear vision and a data-driven approach, the club is poised to make impactful moves that will shape its future for years to come.
Ajax’s Transfer Strategy: Building a Team for the Future
In a recent interview, Marco van der Meer, a key figure at Ajax, shared insights into the club’s ongoing efforts to strengthen its squad. His words offer a glimpse into the meticulous planning and dedication behind the scenes as Ajax aims to remain competitive at the highest levels of football.
“I’d like to assure our fans that we’re working tirelessly to strengthen the squad. We understand their passion and expectations, and we’re committed to building a team that can compete at the highest level,” said van der Meer.
Van der Meer emphasized that while not every transfer rumor will come to fruition, the club is confident in its ability to bring in players who will make a significant impact. He also called for patience and trust from the fans as the team navigates the complexities of the transfer window.
“While not every transfer rumor will materialize, we’re confident that the players we bring in will make a positive impact. We ask for their patience and trust as we navigate this window,” he added.
the interview concluded with van der Meer expressing his gratitude for the opportunity to discuss ajax’s plans, highlighting the importance of transparency with the club’s supporters.
“Thank you. It’s always a pleasure to discuss our plans with Archyde,” he said.
This conversation provides a clear and professional look into Ajax’s current transfer strategies. It underscores the club’s commitment to building a competitive team while managing the expectations of its passionate fanbase. As the transfer window progresses, fans can look forward to seeing how these plans unfold.
Stay tuned for more updates on Ajax’s transfer activities and the latest developments in football. The club’s dedication to excellence and its strategic approach to team-building continue to make it a force to be reckoned with in the world of football.
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What impact might the decline in global rice prices have on Filipino households and food security?
Interview: The Impact of Global Rice Price Trends on Filipino Consumers – A Conversation with Arnel de Mesa, DA Spokesperson
Archyde News: Good morning, Mr. de Mesa. Thank you for joining us today.The recent dip in global rice prices has been a significant development for filipino consumers. Could you share some insights on how this trend might affect households across the Philippines?
Arnel de Mesa: Good morning. Thank you for the possibility.The recent decline in global rice prices is indeed a positive development for Filipino consumers, especially as rice remains a staple in our daily diet. We’ve observed a sharp drop in international prices, especially in major exporting nations like Vietnam, India, and Thailand. This has opened the possibility of lowering the maximum suggested retail price (MSRP) for imported rice, specifically the 25% broken variety, to below ₱50 per kilogram. This would provide much-needed relief to households, particularly in urban areas like metro Manila.
Archyde News: Can you elaborate on the factors driving this price reduction?
Arnel de Mesa: Certainly. The price reduction is largely influenced by the supply dynamics in major exporting countries. for instance, the price of 5% broken Vietnamese rice dropped from $510 to $434 per metric ton within a month, and 25% broken rice fell from $409 to $326 per metric ton. Similar trends were seen in India and Thailand. This decline is a result of increased production, improved export strategies, and favorable market conditions in thes countries. Additionally, the Department of Agriculture has been actively monitoring these trends to ensure that the benefits are passed on to filipino consumers.
Archyde News: How does the Department of Agriculture ensure that these global price reductions translate to affordability for consumers here?
Arnel de Mesa: We’ve established a benchmark MSRP of ₱58 for imported rice in Metro Manila, effective January 20. This was steadfast based on the prices of 5% broken rice from Vietnam, including shipping and handling expenses. With the continued decline in global prices, we are confident that the MSRP for 25% broken rice will drop below ₱50 per kilogram. We also work closely with importers and retailers to ensure compliance with these suggested prices, while maintaining transparency in pricing mechanisms.
Archyde News: The Philippines imported a record 4.78 million metric tons of rice in 2024. How does this reliance on imports affect our food security?
Arnel de Mesa: Importing rice plays a crucial role in meeting our domestic demand, especially given our consumption patterns. Though, it also underscores the importance of strengthening our local rice production to enhance food security.The Department of Agriculture is committed to supporting local farmers through initiatives like improved access to technology, fertilizers, and market channels. Our goal is to strike a balance between leveraging global market trends and bolstering local agricultural capabilities.
Archyde News: What are the broader implications of this price adjustment for Filipino families?
Arnel de Mesa: This price adjustment is expected to benefit millions of Filipino families, particularly those in urban centers where rice is a dietary staple. Lower rice prices can help alleviate financial pressures on households, allowing them to allocate resources to other essential needs. It also contributes to economic stability by ensuring that basic food items remain affordable amidst volatile global market conditions.
Archyde News: Lastly, what measures does the DA plan to implement to sustain these benefits in the long term?
Arnel de Mesa: The DA remains committed to monitoring global trends and implementing measures to safeguard both consumers and producers. This includes continued collaborations with international rice exporters,enhancing local production,and ensuring transparent pricing mechanisms. We aim to maintain food security and economic stability by balancing affordability for consumers with support for local farmers.
Archyde News: Thank you, Mr. de Mesa, for your insightful comments. We look forward to seeing the positive impact of these developments on Filipino households.
Arnel de Mesa: Thank you. We remain dedicated to ensuring that Filipino consumers benefit from these global trends while supporting our local agricultural sector.
