A task force on stabilizing imported food prices and supplies of locally produced food will meet next week at the earliest, a Council of Agriculture official said yesterday.
Chen Wen-teh (陳文德), director-general of the Agriculture and Food Agency, said the task force would discuss “local production and distribution, the promotion of rice consumption and a revival of fallow paddy fields and sugar plantations.”
He said that at the request of Premier Wu Den-yih (吳敦義), the task force would be formed by the council, the Ministry of Economic Affairs, the Ministry of Finance and the Ministry of the Interior.
He said the nation currently has a rice inventory of 470,000 tonnes, accounting for 36 percent of the country’s total consumption and far higher than the 17 percent to 18 percent recommended by the UN’s Food and Agriculture Organization.
Taiwan’s self-sufficiency rate in rice is as high as 95 percent, although the nation relies heavily on imported grain for livestock feed, Chen added.
For this reason, if prices of corn and soybeans rise, it would trigger a spike in livestock prices that would also affect consumer prices, he said.
Chen’s deputy, Yu Sheng-feng (游勝鋒), said the goal of the task force is to stabilize both the volume and price of imported food.
Yu said the nation imports 5 million tonnes of corn for animal feed every year and 2 million tonnes of soybeans, and it is prone to the impact of higher import prices and fluctuations in the supplies of imported products.
He said the council would encourage the public to eat more locally grown rice and cut consumption of flour products, while continuing to encourage farmers to plant corn and soybeans on fallow land.
“Although this reactivated land might not produce much, it will make up for some of the shortfall and cut the proportion of imported grain,” Yu said.
Fast food chain McDonald's is to raise prices by up to NT$5 on some products at its restaurants across Taiwan, starting on Wednesday next week, the company announced today. The prices of all extra value meals and sharing boxes are to increase by NT$5, while breakfast combos and creamy corn soup would go up by NT$3, the company said in a statement. The price of the main items of those meals, if ordered individually, would remain the same. Meanwhile, the price of a medium-sized lemon iced tea and hot cappuccino would rise by NT$3, extra dipping sauces for chicken nuggets would go up
Nvidia Corp CEO Jensen Huang (黃仁勳) arrived in Taiwan yesterday ahead of upcoming AI and technology events, saying he plans to meet with clients and Taiwan Semiconductor Manufacturing Co Chairman C.C. Wei (魏哲家) during his visit. After landing at Taipei Songshan Airport, Huang posed for photos with fans and handed out Yakult drinks to reporters and supporters waiting at the scene, saying he has “a lot to do” during the trip. Asked about reports that Nvidia’s planned headquarters site in Taipei’s Beitou Shilin Technology Park could break ground on May 27, Huang said that if the company holds an event, he would
FUKUOKA SITUATION: Japanese media reported that the pathogen is expected to be identified by the summer, while the CDC downplayed the idea that it was hMPV A “mysterious cold-like illness” reported in Japan’s Fukuoka Prefecture does not seem to be a new disease, but Japanese authorities have been asked about the situation, the Centers for Disease Control (CDC) said yesterday. The Fukuoka Prefectural Medical Association on Wednesday told a news conference that a “mystery cold” that has become a hot topic on social media is “highly likely to be caused by some kind of viral infection,” Japan’s KBC News reported. “Many people are experiencing symptoms starting with a sore throat, followed by a runny nose, phlegm and a severe cough,” KBC News reported, citing association officials. Health authorities are
Carrefour Taiwan is to begin using a new name from the start of July, but it cannot divulge the name until then, the chairman of the supermarket chain's parent company said today. President Chain Store Co chairman Lo Chih-hsien (羅智先) was asked by reporters after a shareholders' meeting to confirm whether the company has settled on a new name for the supermarket brand. In March, the government-registered name of two Carrefour Taiwan branches was quietly changed to "Le Chia Kang" (樂家康) in Chinese, raising speculation that has been selected as the name. Lo said that because of local regulations and contractual obligations, the