Palay prices continue to slide

Published by rudy Date posted on January 20, 2020

By: Karl R. Ocampo, Philippine Daily Inquirer, 20 Jan 2020

The average farm-gate price of palay slid further during the fourth week of December while rice prices in the market increased, government data showed.

Based on the latest reports from the Philippine Statistics Authority (PSA), the buying price of palay fell to P15.63 a kilo, down 0.2 percent and 22.4 percent from week-ago and year-ago levels, respectively.

However, the average price of regular milled and well-milled rice picked up by less than a percent to P36.60 and P41.52 a kilo.

The lowest quotation for palay during the period was recorded in Zamboanga Sibugay where a kilo was sold at P10. Meanwhile, the buying price of palay was highest in Southern Leyte where it was sold at P20.40 a kilo.

Agriculture Secretary William Dar said various agencies were expected to spend P53 billion for the purchase of palay this year to help the local farm sector. This is expected to prop up prices and help farmers recover from the continuous slump.

Nonetheless, agricultural groups said the government must focus on providing long-term solutions, one of which is the imposition of additional safeguard duties on imported rice. INQ

June 2025

Philippine Environment Month!
“Action for Nature, for the Future!”


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!

Monthly Observances:

  1 Jun – World Day of Parents

  5 Jun – World Environment Day 

  7 Jun – World Food Safety Day 

  8 Jun – World Oceans Day

12 Jun – World Day Against
Child Labour

15 Jun – World Elder Abuse Awareness Day 

16 Jun – International Day of Family Remittances 

17 Jun – World Day to Combat Desertification and Drought

20 Jun – World Refugee Day 

25 Jun – Day of the Seafarer 

27 Jun – Micro-, Small and Medium-sized Enterprises Day

 

Daily Observances:

First Saturday of July:
International Cooperative Day
in the Philippines

Categories