My guess is, on the matter of the rice price caps, the aging bureaucrats at the Department of Agriculture (DA) are to blame. When this badly conceived rice price caps policy begins to unravel, we know who to blame. The net result is that the rice price regime simply sidesteps the price caps and moves on to the new price regime. My bet is that the price caps policy will be superfluous in the end, like a single sandbag put in to stop a flood. In his wildest dreams, the Speaker of the House thinks international rice prices will drop on our say-so.
