A recent World Market Data shows that
“as
the fastest rice producer in Asia” .Philippines has been registered its
biggest improvement in the production of rice in Asia.
The records from World Market and
the Trade of United States Department, Rice Research Institute of the
Philippines shows that Philippines which posted 97 percent rice self
sufficiency status last year with a 4.04 % average increase in the milled rice
production from the year 2010 – 2013.
Philippines produced 10.99 M metric
tons of milled rice, up from 9.77 M metric tons in 2011. With this improvement,
Philippines surpassed some major rice exporters these includes India and China,
which showed an improvement of only 1.55 and 3.77 % in milled rice production.
Rresearchers Htut Oo, Maung Shwe
and Wong said that “increasing private sector efforts in integrating increasingly
Association of Southeast Asian Nations (ASEAN)-wide modern farming and modern
economic activities along agri-food supply chains and international trading
networks could and should be harnessed and leveraged to complement ongoing
government efforts toward food security in Asia.”
Rasco said that PhilRice recently
signed memorandum of agreement (MOA) to collaborate on the conduct of promotion
and researches of technologies.
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