MLA STANDARD: RICE TRADERS, FARMERS HOWL AS SMUGGLED RICE OVERFLOW - In three weeks, Co said, the farmers are expected to harvest 18 million metric tons of palay while the previous stocks from the previous harvest are rotting in warehouses. "We are not only swimming in rice, we are now drowning in rice. If this will not be sold and the farmers would continue to bear the brunt of depressed farm gates prices, they would be wallowing in debt and might not be able to plant rice for the next cropping and we are in big trouble," Co warned.
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