{"id":8960,"date":"2023-10-11T20:27:49","date_gmt":"2023-10-11T20:27:49","guid":{"rendered":"https:\/\/ricenewstoday.com\/dev\/?p=8960"},"modified":"2023-10-11T20:36:24","modified_gmt":"2023-10-11T20:36:24","slug":"marcos-officially-lifts-rice-price-ceiling","status":"publish","type":"post","link":"https:\/\/ricenewstoday.com\/dev\/marcos-officially-lifts-rice-price-ceiling\/","title":{"rendered":"Marcos officially lifts rice price ceiling"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"696\" height=\"461\" src=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/10\/image-57.png\" alt=\"\" class=\"wp-image-8961\" srcset=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/10\/image-57.png 696w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/10\/image-57-600x397.png 600w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/10\/image-57-300x199.png 300w\" sizes=\"(max-width: 696px) 100vw, 696px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em><strong>President Ferdinand Marcos Jr. officially lifted the ceiling on rice prices with Executive Order No. 42<\/strong><\/em><\/li>\n\n\n\n<li><em><strong>The decision was made following increased rice supply and dropping prices<\/strong><\/em><\/li>\n<\/ul>\n\n\n\n<p>President Ferdinand Marcos, Jr. has officially lifted the price ceiling on rice.<\/p>\n\n\n\n<p>Executive Order No. 42&nbsp;signed on October 4 followed increased supply of rice and falling prices in the market. The&nbsp;move was recommended by the Department of Agriculture and Department of Trade and Industry.<\/p>\n\n\n\n<p>Marcos, also the Agriculture Secretary, emphasized the price ceiling on regular and well-milled rice under Executive Order No. 39 has been effective in stabilizing rice prices. EO 39 placed a price cap of P41 for regular milled rice and P45 for well-milled rice across the country from September 5 after the prices of rice surged in the domestic market.<\/p>\n\n\n\n<p>The government has blamed hoarders and smugglers for the jump in rice prices.<\/p>\n\n\n\n<p>With EO 42, Marcos called on relevant agencies to bolster their efforts to support farmers, retailers, and consumers and ensure price stability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Ferdinand Marcos, Jr. has officially lifted the price ceiling on rice. Executive Order No. 42&nbsp;signed on October 4 followed increased supply of rice and falling prices in the market. The&nbsp;move was recommended by the Department of Agriculture and Department of Trade and Industry. Marcos, also the Agriculture Secretary, emphasized the price ceiling on regular [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8961,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176],"tags":[393,159],"class_list":["post-8960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-rice-prices","tag-global-rice-news"],"acf":{"enable_premium_overlay":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Marcos officially lifts rice price ceiling - Rice News Today<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marcos officially lifts rice price ceiling - Rice News Today\" \/>\n<meta property=\"og:description\" content=\"President Ferdinand Marcos, Jr. has officially lifted the price ceiling on rice. Executive Order No. 42&nbsp;signed on October 4 followed increased supply of rice and falling prices in the market. The&nbsp;move was recommended by the Department of Agriculture and Department of Trade and Industry. Marcos, also the Agriculture Secretary, emphasized the price ceiling on regular [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ricenewstoday.com\/dev\/marcos-officially-lifts-rice-price-ceiling\/\" \/>\n<meta property=\"og:site_name\" content=\"Rice News Today\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-11T20:27:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-11T20:36:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/10\/image-57.png\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"461\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Developer Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Developer Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ricenewstoday.com\/dev\/marcos-officially-lifts-rice-price-ceiling\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ricenewstoday.com\/dev\/marcos-officially-lifts-rice-price-ceiling\/\"},\"author\":{\"name\":\"Developer Team\",\"@id\":\"https:\/\/ricenewstoday.com\/dev\/#\/schema\/person\/5bab6fa4a598696885d5615daac778dd\"},\"headline\":\"Marcos officially lifts rice price ceiling\",\"datePublished\":\"2023-10-11T20:27:49+00:00\",\"dateModified\":\"2023-10-11T20:36:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ricenewstoday.com\/dev\/marcos-officially-lifts-rice-price-ceiling\/\"},\"wordCount\":168,\"publisher\":{\"@id\":\"https:\/\/ricenewstoday.com\/dev\/#organization\"},\"image\":{\"@id\":\"https:\/\/ricenewstoday.com\/dev\/marcos-officially-lifts-rice-price-ceiling\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/10\/image-57.png\",\"keywords\":[\"Rice prices\",\"Global Rice News\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ricenewstoday.com\/dev\/marcos-officially-lifts-rice-price-ceiling\/\",\"url\":\"https:\/\/ricenewstoday.com\/dev\/marcos-officially-lifts-rice-price-ceiling\/\",\"name\":\"Marcos officially lifts rice price ceiling - 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