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Palay prices drop, but farmers not worried

FAO has raised its forecast for global production of rice by 4.2 million tons in 2012 due to improved prospects in several countries including the Philippines. INQUIRER PHOTO

The buying price of palay has dropped from P24 per kilo to between P20 and P21 this month, but rice farmers are not worried.

Posted: December 16th, 2014 in Headlines,Regions | Read More »

Traders beating NFA to farmers’ rice harvest


The National Food Authority (NFA) failed to buy palay from farmers in the last harvest season as the agency’s support price of P17 per kilogram could compete with the traders’ buying price of P24 to P25 per kg, provincial officials said.

Posted: July 4th, 2014 in Latest News Stories,Regions | Read More »

NFA: Rice prices going down

Photo taken from agriculture-ph.com

Commercial rice prices have started to go down after last week’s price increases, according to the National Food Authority (NFA).

Posted: September 12th, 2013 in Latest News Stories,Nation | Read More »

Farmers seek probe on ‘artificial’ palay shortage


A militant farmers group on Sunday asked Congress to investigate increasing rice prices allegedly caused by “artificial palay shortage” and overpriced rice importations.

Posted: September 1st, 2013 in Latest News Stories,Nation | Read More »

Smuggling pummels local rice sales

Because of the entry of smuggled rice into the country, rice millers from three northern Luzon provinces said they would not be able to buy palay from local farmers in the next harvest as their warehouses are still full and they do not have money to buy additional stocks.

Posted: February 5th, 2013 in Headlines,Regions | Read More »