The rice supply is sufficient until next year, the Department of Agriculture said.

DA Assistant Secretary Arnel de Mesa on Saturday said the country was able to draw up a "stable supply" of rice since August, and it is expected to last until November.

"We expect the national inventory stocks to reach 77 days this month, which is expected to increase up to 94 days in November due to the continued harvest this wet season," De Mesa said in an interview.

The imported rice, he said,  still needs to be included in the count.

Bumper crop seen

De Mesa said there will be a "bumper rice harvest" during the wet season, and the government expects a more stabilized rice supply until next year.

"We do not see any movement of rice prices in the market," he added.

De Mesa said there will be more supply once the rice imports are delivered to the country by the end of September.

The government, he said, is also working on reducing the cost of production in the country "to ensure the affordable prices of basic commodities in the market."