# Revised RTL: Christmas gift to boost farmers’ livelihoods |
    Official Portal of the Department of Agriculture

> The Philippines amended its Rice Tariffication Law under Republic Act 12078, effective December 25, 2024. The changes triple the Rice Competitiveness Enhancement Fund to P30 billion, extend it to 2031, and shorten the NFA emergency reserve holding period from three months to two.

- Date: 2024-12-29 · published 2024-12-29T12:00:00.000Z
- Category: policy · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/10457-revised-rtl-christmas-gift-to-boost-farmers-livelihoods-official-portal-of-the
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Shorter NFA reserve holding periods and expanded farm funding may change Philippine rice import needs over time, though the near-term price effect on world rice is limited.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2020-07-08 | [RCEF goes full throttle in Year 2 \|
    Official Portal of the Department of Agriculture](https://feedsoft.ai/events/7945-rcef-goes-full-throttle-in-year-2-official-portal-of-the-department-of.md) | -2.1% | -30.0% |
| RICE | 2018-10-05 | [PMO Gives Go-ahead to Anti-Farmer Agriculture Export Policy \| NewsClick](https://feedsoft.ai/events/62494-pmo-gives-go-ahead-to-anti-farmer-agriculture-export-policy-newsclick.md) | -0.9% | -1.3% |
| RICE | 2021-09-13 | [Centre Revises "Transport and Marketing Assistance" (TMA) scheme for Specified Agriculture Products’ - Mcommerce](https://feedsoft.ai/events/45019-centre-revises-transport-and-marketing-assistance-tma-scheme-for-specified.md) | +3.9% | +3.6% |
| RICE | 2018-12-06 | [CCEA approves agriculture export policy: No curbs on shipment of processed, organic items \| Business News - The Indian Express](https://feedsoft.ai/events/61536-ccea-approves-agriculture-export-policy-no-curbs-on-shipment-of-processed.md) | -3.9% | -6.8% |
| RICE | 2019-05-08 | [WTO Dispute Panel Report on China’s Administration of Tariff Rate Quotas (TRQs) for Certain Agricultural Products - farmdoc daily](https://feedsoft.ai/events/58951-wto-dispute-panel-report-on-china-s-administration-of-tariff-rate-quotas-trqs.md) | +1.6% | +9.4% |

## Sources

- da.gov.ph: https://www.da.gov.ph/revised-rtl-christmas-gift-to-boost-farmers-livelihoods/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.