(News resource: GMA News, May 27, 2011)
The Philippines may import only 300,000 to 400,000 metric tons of rice next year if this year's harvest exceeds the 17.4-million MT target, Agriculture Secretary Proceso Alcala said Friday. “It is likely that we may produce more than our self-imposed target of 17.4 million metric tons for 2011," he told reporters in a forum in Quezon City. Under the National Food Authority’s importation program, the 860,000 MT of rice to be imported this year is a third of the total importation in 2010.
