Manila, Feb. 11 -- The price of Rice for All (RFA) options under the Marcos administration's Kadiwa ng Pangulo (KNP) is set to drop by PHP2 to PHP3/kg. starting Wednesday, the Department of Agriculture (DA) said Tuesday.

The DA's move comes amid the continuous downward trend of rice prices in the global market and the upcoming peak of palay (unhusked rice) harvest season.

"Starting tomorrow (Feb. 12), RFA5 rice will be priced at PHP43 per kilogram, RFA25 at PHP35/kg., and RFA100 at PHP33/kg.," Agriculture Secretary Francisco Tiu Laurel Jr. said in a statement.

The RFA5 or the 5 percent broken rice is currently priced at PHP45/kg.; while the RFA25 or the 25 percent broken rice is at PHP38/kg.; and PHP36/kg. for RFA100 or Sulit rice, whi...