In a previous interview, President Marcos stated that reducing rice prices is one of the possibilities he will consider during his first year in office. According to the presidential wager, he would then issue an executive order instructing the Department of Agriculture and the National Food Authority to purchase rice crops from local farmers at higher and more competitive rates. He also stated that he intends to lower rice prices by P20 to P30 per kilo by imposing a price ceiling on the staple.
To accomplish so, he noted the necessity for a regular and complete survey of the nation’s rice harvests.
Farming technology and high-tech growing equipment include hybrid rice, aquaponics, vegetable farming, fertilizer drones, and aspirations to make the Philippines a wangyu beef exporter. From agriculture to technology, the new president still has big plans for the Philippines.