Palay production for the third quarter is projected to rise by 18 percent year-on-year to 3.93 million metric tons, largely driven by a surge in output from rainfed areas, according to the Philippine Statistics Authority (PSA).
The farm gate price of palay continued its downward spiral in July, dragged down by weakening global prices of the grain that have spurred a surge in rice imports.
The cost of producing palay—the unmilled form of rice, the Philippines’ national food staple—exposes deep regional disparities that mirror the effects of geography, infrastructure, and urban sprawl on the country’s agriculture.
The country’s palay and corn production for the second quarter is projected to record double-digit increases, the latest estimates of the Philippine Statistics Authority.
As...
President Ferdinand Marcos Jr. said Wednesday that government, through the Department of Agriculture, is looking at imposing a floor price for palay to ensure farmers profitability and sustain their intention to plant and produce more rice.
The Department of Agriculture (DA) is stepping up efforts to rebuild the country’s hog population while keeping pork supplies steady and prices stable, balancing industry recovery and food security amid the ongoing threat of African Swine Fever (ASF).
The National Grid Corporation of the Philippines (NGCP) announced on Monday lower overall transmission rates that will appear in consumers’ June 2026 electricity bills.
The Department of Energy (DOE) projects mixed fuel price changes this week, amid progress on a US-Iran peace deal that may reopen the key Strait of Hormuz oil route.
President Ferdinand R. Marcos Jr.’s meeting with Russian President Vladimir Putin this week is expected to spotlight energy and food security as the Philippines seeks to diversify strategic partnerships amid persistent geopolitical tensions and volatile global commodity markets.