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Privilege Speech For Food Security On Rice Price Stabilization

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Taj

This document summarizes population growth projections and rice consumption, production, and import projections for a city in the Philippines from 2020-2025. It shows that the city's population is expected to grow from 1.825 million in 2020 to over 2 million in 2025. Rice consumption is projected to remain steady at 123kg per person per year. However, local rice production is expected to fall short of meeting demand by 249,966 metric tons by 2025 based on constant growth assumptions. The document analyzes farming areas, prices of milled and unmilled rice to understand supply and demand dynamics.

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Privilege Speech For Food Security On Rice Price Stabilization

Uploaded by

Taj
21 views8 pages
This document summarizes population growth projections and rice consumption, production, and import projections for a city in the Philippines from 2020-2025. It shows that the city's population is expected to grow from 1.825 million in 2020 to over 2 million in 2025. Rice consumption is projected to remain steady at 123kg per person per year. However, local rice production is expected to fall short of meeting demand by 249,966 metric tons by 2025 based on constant growth assumptions. The document analyzes farming areas, prices of milled and unmilled rice to understand supply and demand dynamics.

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This document summarizes population growth projections and rice consumption, production, and import projections for a city in the Philippines from 2020-2025. It shows that the city's population is expected to grow from 1.825 million in 2020 to over 2 million in 2025. Rice consumption is projected to remain steady at 123kg per person per year. However, local rice production is expected to fall short of meeting demand by 249,966 metric tons by 2025 based on constant growth assumptions. The document analyzes farming areas, prices of milled and unmilled rice to understand supply and demand dynamics.

Copyright:

© All Rights Reserved
Download as PPTX, PDF, TXT or read online from Scribd
Download as pptx, pdf, or txt
21 views8 pages

Privilege Speech For Food Security On Rice Price Stabilization

Uploaded by

Taj
This document summarizes population growth projections and rice consumption, production, and import projections for a city in the Philippines from 2020-2025. It shows that the city's population is expected to grow from 1.825 million in 2020 to over 2 million in 2025. Rice consumption is projected to remain steady at 123kg per person per year. However, local rice production is expected to fall short of meeting demand by 249,966 metric tons by 2025 based on constant growth assumptions. The document analyzes farming areas, prices of milled and unmilled rice to understand supply and demand dynamics.

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Privilege Speech for Food

Security on Rice Price


Stabilization
Office of Councilor
Abella
2nd District
Population

Current Population: 1,825,450 (2020)


1,867,435 1,910,386 Projected Annual Growth Rate: 2.3%
(2021) (2022)

1,954,325 1,999,274
(2023) (2024)

2,045,257 Projected Population


(2025)
Rice Consumption Per Head
Per Capita Consumption (kg/yr.)
Commodity 2017 2018 2019 Projected
Consumption

Rice 119 120 128 123

We assumed that the consumption per


capita from 2020 up to 2025 will be at
constant rate of 123 kg/yr.
Types of Land Farmers Area Planted Palay Rice Recovery
Used Involved (Has.) Production (MT) (MT)

Irrigated 549 563 3,117 1,247


Areas

Lowland 305 258 880 352


Areas

Upland Areas 745 627 5 2

Total: 1,599 1,448 4,002 1,601

Rice recovery conversion is assumed at 40 percent per


kilogram. Average Production at 4.13 Metric tons
This is based on City Agriculturists' Office 2021 Production
Monitoring Accomplishment
2,500,000.00
2,045,257

2,000,000.00 1,825,450

1,500,000.00

1,000,000.00

500,000.00 224,530 251,567

-222,929 -249,966

-
2020 2025

(500,000.00)

Population Rice Req.in MT Rice Production in MT

Note: this is based on constant population growth rate of 2.3%


while the average kilos consumption is fixed on 123Php per capita/
per yr. And all other variable affects the price and demand are
assumed to be constant and equal (ceteris paribus). Expected
shortage of 249,966 metric tons of rice by 2025
Area Planted & Number of
Farmers

Upland Irrigated
Areas Areas
39% Irrigated Areas
43% Lowland Areas
Lowland Upland Areas
Areas
18%

Types of Land Used Farmers Area Planted


Involved (Has.)
Irrigated Areas 549 563
Lowland Areas 305 258
Upland Areas 745 627
Total: 1,599 1,448
Palay (Dry)
Farmg ate Pric e s
Mo nth/We e k % Chang e
2020-21 2019-20
Annual We e kly
(1) (2) (3) (4)
Dec Wk 1 15.97 15.73 1.50 0.82
Wk 2 16.14 15.79 2.20 1.06
Wk 3 16.25 15.82 2.71 0.68
Wk 4 16.43 15.83 3.76 1.11
Wk 5 16.50 15.80 4.41 0.43
Jan Wk 1 16.70 15.97 4.56 1.21
Wk 2 16.72 15.99 4.55 0.12
Wk 3 16.64 16.06 3.59 -0.48
Wk 4 16.69 16.14 3.38 0.30

 Average farmgate price in 2019 - 15.80 Php/kg.


 By the end of January 2021 the price is at 16.69 Php/kg.
Re g ular Mille d Ric e (RMR)
Who le s ale Pric e s Re tail Pric e s
Mo nth/We e k % Chang e % Chang e
2020-21 2019-20 2020-21 2019-20
Annual We e kly Annual We e kly
(13) (14) (15) (16) (17) (18) (19) (20)
Dec Wk 1 33.46 33.00 1.40 -0.48 36.29 36.24 0.15 -0.38
Wk 2 33.42 32.91 1.56 -0.12 36.21 36.13 0.22 -0.22
Wk 3 33.28 32.89 1.19 -0.42 36.17 36.11 0.17 -0.11
Wk 4 33.36 32.85 1.54 0.24 36.17 36.12 0.14 0.00
Wk 5 33.38 32.90 1.45 0.06 36.17 36.17 0.00 0.00
Jan Wk 1 33.33 32.78 1.68 -0.15 36.15 36.04 0.29 -0.06
Wk 2 33.31 32.78 1.61 -0.06 36.14 35.96 0.51 -0.03

Page 1
Wk 3 33.28 32.73 1.67 -0.10 36.08 35.94 0.39 -0.18
Wk 4 33.36 32.72 1.95 0.25 36.14 35.96 0.51 0.18

The average retail price of regular milled rice also went up to 36.14 Pesos/kg or by
0.2 percent, from its price level of 36.08 Pesos/kg. Likewise, it registered an annual
increment of 0.5 percent, relative to its average price level of 35.96 Pesos/kg
during the same week of the previous year.

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