Tag: palay
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President Marcos eyes tobacco industry model for palay ‘floor price’
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.
Palay prices continued decline in April
Palay prices declined further in April as the harvest season reached its peak and global rice prices remained lower compared to last year.
Philippine agriculture expands 1.9% in 1Q
Philippine agriculture started the economy on a stronger footing in the first quarter, growing 1.9 percent, with better weather conditions and intensified government interventions helping the sector recover from a full-year contraction in 2024.
Palay output in 1Q up 0.3%, sets new yield record
Palay production in the first quarter of the year rose by 0.3 percent, reaching 4.7 million metric tons, with yields setting a new record high.
Palay production likely up Q1, corn output may slide—PSA
Palay production in the first quarter of 2025 is expected to reach 4.72 million metric tons, with higher yields offsetting a decrease in rice planting area, according to the latest estimate of the Philippine Statistics Authority (PSA).
