“Rice as an investment item for the Philippines: ‘We can supply the gap,’ says CRC consultant Rolando T. Dy. ”
“Right now, rice is a major import, but given farm consolidation, the use of hybrids,[and] mechanization, we can cover a big part of our imports. This is an investment item for the Philippines[…]
We can increase yield. Right now, irrigated fields yield only 4 t/ha. per season. But using hybrid and good seeds, this can go up to 6.5 to 8.5 t/ha. per harvest. And quality could be improved.
[My optimistic hope is,] if we apply management technology and the like, we can supply the gap.”
CRC Food and Agribusiness consultant Dr. Rolando T. Dy spoke at the latest the 2021 Philippine Food and Agribusiness Roadshow about rice as one agricultural product where profitable investments can also reduce the Philippines’ dependence on imports, while presenting a profitable business opportunity for investors.
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