Tag: palay
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Palay prices rebound as import ban holds
Farmgate prices of palay improved in December from November, buoyed by the government’s decision to extend the rice import ban until the end of the year, offering temporary relief to local farmers after months of weak prices.
Palay prices rebound in November as import freeze bites
Farm gate prices of palay posted a modest recovery in November, offering some relief to rice farmers after months of sharp declines. Data from the Philippine Statistics Authority (PSA) showed the national average palay price rose to P16.92 per kilo, up 6.5 percent from P15.89 in October.
Palay prices rise in October amid import ban
Palay prices in the Philippines inched up to P15.89 per kilo in October from P15.60 in September, following the government’s rice import ban aimed at boosting farm gate prices, according to data from the Philippine Statistics Authority.
Palay output up 18 percent, corn dips in 3Q—PSA
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).
Palay prices soften further in July as global price slips—PSA data
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.
