The Department of Agriculture (DA) is accelerating efforts to finalize amendments to the Rice Tariffication Law (RTL), aiming to address persistently high rice prices and restore fairness to Filipino farmers.

Following a directive from President Ferdinand R. Marcos Jr., the DA has conducted a series of regional consultations—culminating in final meetings in Cagayan de Oro and Quezon City—to shape a revised bill that will be submitted to Congress before the legislative session resumes on November 10.

The urgency stems from mounting criticism that the 2024 amendments to the RTL, now Republic Act 12078, failed to resolve core issues. These include declining farm incomes due to cheap imports, retail prices that remain high despite lower import costs, and the country’s growing dependence on volatile global grain markets.

Agriculture Secretary Francisco P. Tiu Laurel Jr. emphasized the need for calibrated state intervention: “We cannot allow our farmers to be the casualties of market inefficiencies and unchecked speculation.”

Restored NFA Authority: Limited powers to manage buffer stocks, regulate imports, and stabilize prices 

Philippine Rice Industry Development Program (PRIDP): Consolidates rice funds and mandates ₱30 billion annually for productivity and resilience 

Flexible Floor Price for Palay: Ensures fair returns for farmers 

Affordability Benchmark and Targeted Subsidy: Aims to protect low-income consumers

The proposed bill is expected to serve as the foundation for the Rice Industry and Consumer Empowerment (RICE) Act, one of 44 priority measures endorsed by the Legislative-Executive Development Advisory Council (LEDAC).

While the reforms signal a shift toward balancing liberalization with protection, critics warn that implementation and funding mechanisms must be clearly defined to avoid repeating past shortcomings.

“This is not just about rice prices—it’s about restoring balance and dignity in our nation’s food system,” Secretary Laurel said.