Marcos Addresses Rice Farmer Concerns: Floor Price Under Consideration

President Bongbong Marcos' visit to Bulacan's NFA warehouses on May 28, 2025, focused on addressing concerns about rice prices and ensuring fair compensation for farmers. The government is considering a floor price for rice, a move prompted by farmers' complaints about low prices and losses. One farmer, Rodolfo F. Faraan Jr., stated, "The cost of farming per hectare is high, and the current prices are too low." The NFA administrator, Larry Lacson, confirmed that technical working groups are developing a nationwide plan. The video shows the president interacting with farmers and inspecting rice stocks, illustrating the government's commitment to addressing the issue. This initiative could significantly impact the livelihoods of Filipino farmers and the stability of the rice market.