SUSPEND EO 62 NOW: DEFEND OUR RICE FARMERS, DEFEND OUR FUTURE
SUSPEND EO 62 NOW: DEFEND OUR RICE FARMERS, DEFEND OUR FUTURE As we are now in the rice harvest season from September to October, our farmers are not looking for celebration—but bracing for catastrophe. Instead of anticipating the fruits of their labor, they are facing a price crash that threatens to wipe out their livelihood. At the center of this unfolding crisis is Executive Order No. 62 , a policy that slashed tariffs on imported rice from 35% to just 15%. This move, combined with last year’s record-high rice importation of 4.68 million metric tons and a global drop in rice prices, has pulled down the farmgate price of palay (un-milled rice) to a devastating ₱11 per kilo—or even lower in some areas. This is no ordinary dip in prices. This is a man-made disaster, timed tragically with the harvest season of our own local farmers. If EO 62 is not suspended immediately, cheap imported rice will continue to flood our markets. Worse, this will happen just before the tariff is sched...