# VERA FILES FACT CHECK: Facebook post linking LP to P300M worth of smuggled rice has NO BASIS - VERA Files

> VERA Files fact-checked a viral Facebook post linking the Liberal Party to P300 million worth of smuggled rice seized in Bulacan warehouses. The Bureau of Customs seized about 125,000 sacks on September 12, but reports did not mention any political involvement.

- Date: 2018-09-28 · published 2018-09-28T12:00:00.000Z
- Category: trade · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/12055-vera-files-fact-check-facebook-post-linking-lp-to-p300m-worth-of-smuggled-rice
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Rice smuggling and shortages in the Philippines have prompted extra import allowances, which affects Asian rice trade flows, but this article is a political fact check with limited price impact.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2021-01-25 | [Bangkok Post - Vietnam's clever rice strategy](https://feedsoft.ai/events/49244-bangkok-post-vietnam-s-clever-rice-strategy.md) | +1.4% | -2.9% |
| RICE | 2024-08-06 | [India exports $122.7 mn worth non-basmati white rice during Apr-May](https://feedsoft.ai/events/28734-india-exports-122-7-mn-worth-non-basmati-white-rice-during-apr-may.md) | -4.8% | -1.0% |
| RICE | 2017-07-27 | [Asia Rice: Bangladesh May Call off Thai Import Deal Over High Prices](https://feedsoft.ai/events/70025-asia-rice-bangladesh-may-call-off-thai-import-deal-over-high-prices.md) | +1.8% | +0.2% |
| RICE | 2020-04-01 | [U.S. rice imports continue to grow, driven by aromatics - Rice Farming](https://feedsoft.ai/events/53704-u-s-rice-imports-continue-to-grow-driven-by-aromatics-rice-farming.md) | +2.2% | +28.3% |
| RICE | 2018-03-23 | [China at center of global rice trade - Texas Farm Bureau](https://feedsoft.ai/events/66072-china-at-center-of-global-rice-trade-texas-farm-bureau.md) | +0.2% | +5.4% |

## Sources

- verafiles.org: https://verafiles.org/articles/vera-files-fact-check-facebook-post-linking-lp-p300m-worth-s

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