Average farmgate price of palay lowest in nearly 8 years

Published by rudy Date posted on October 11, 2019

By CNN Philippines Staff, 11 Oct 2019

Metro Manila (CNN Philippines, October 11) – The farm gate price of unmilled rice or palay is now at its lowest level since 2011, data from the Philippine Statistics Authority showed.

In its latest update, the PSA said that as of third week of September, the average palay price hit P15.96 per kilo for the first time since December 2011, in which palay was sold at an average rate of P15.99.

The average farmgate value of the produce was P22.84 per kilo in the same period last year, the PSA said in its weekly price monitoring report posted on its website.

The PSA added that the average selling price of palay on the second week of September was P16.18 per kilo.

Last month, the Department of Agriculture said it will at least double tariffs on imported rice in a move to ease the situation of local farmers suffering from low prices of their agricultural product.

In an earlier statement, Agriculture chief William Dar said the DA will release by October an order raising duties on rice from Southeast Asian countries to 75 percent from the current 35 percent while tariff on imported rice from other countries will be increased to 100 percent from 50 percent.

Asked for an explanation, Dar told CNN Philippines that the earlier statement was “recast” because they are still discussing the numbers.

“The decision by the department is to have this be discussed first with the economic development managers of the government,” Dar said on Friday.

Farmers have been complaining that the deluge of imports has caused a plunge in prices of palay.

July 2025

Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.

Accept National Unity Government (NUG)
of Myanmar.  Reject Military!

#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

July


3 July – International Day of Cooperatives
3 Ju
ly – International Plastic Bag Free Day
 
5 July –
World Youth Skills Day 
7 July – Global Forgiveness Day
11 July – World Population Day 
17 July – World Day for
International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons 


Monthly Observances:

Schools Safety Month

Nutrition Month
National Disaster Consciousness Month

Weekly Observances:

Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week

 

Daily Observances:

First Saturday of July:
International Cooperative Day
in the Philippines

Categories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.