The prices at a rice store show they are all above the caps set by the President. —LYN RILLON Various groups expressed concern over President Marcos' imposition of a price cap on rice, saying the move would not only adversely affect domestic supply but also impact the livelihood of farmers. For Federation of Free Farmers national manager Raul Montemayor, the price ceiling being set looks 'unrealistically low.' 'If traders and millers cannot sell at that price, then either they will stop selling rice or they will shift to, or rebrand their rice products—to grades other than regular milled rice or well-milled rice in order to evade the price cap,' Montemayor said on Friday.

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