In the first installment of NBC Nightly News’ Against the Grain In-depth series, which is about the world food crisis, Ian Williams reports the status of the Philippines as world’s main exporter three decades ago to the world’s biggest importer today, sighting rising population and decline of farms as reasons.
To note, a year ago, the cost of a regular rice per kilo in the country would range half to quarter of a dollar. Today the price plays around a dollar. It has become an expensive staple food for many people living under $2 per day in this Asian nation.