The International Rice Research Institute (IRRI) has set a funding pact with nonprofit organization Crop Trust to conserve and secure the world’s largest rice collection. The agreement guarantees US$ 1.4 million per year for IRRI’s rice genebank in Los Baños, Laguna. The facility, which houses 136,000 varieties of rice, has been called the world’s “largest rice bowl.”
With the continued increase of rice prices in the Philippines, there is but one question consumers and farmers would want to ask on the case of the soon-to-be commercialized golden rice – is it affordable?
Farmer-leaders from Mindanao have signified their support for the application of modern biotechnology tools in agriculture, even as they keenly await the commercial release of “Pinoy biotech crops.”
The Philippine Rice Research Institute (PhilRice) has began the public consultation on the proposal for the field trial application of genetically modified Golden Rice (GR2E) variety in the Philippines.
The controversial Golden Rice, which is still being pushed in the Philippines, got a positive evaluation from the United States Food and Drug Administration (USFDA), concurring the variety’s safety and nutrition.