THE WAY FORWARD │ Level Up Philippine Agriculture!

Press Conference on Price of Palay

Author: DA Communications Group | 12 September 2019

In a press conference at the Philippine Coconut Authority (PCA) on September 12, 2019, Agriculture Secretary William D. Dar announced twin measures to bring down rice prices to P27 per kilo by flooding the market with 3.6 million bags, and raise palay support price to P19 from P17 per kilo clean and dry.

NFA also was instructed to dispose of the stocks on or before October 10, 2019.  The 2-peso increase in palay price support could translate to P8,000 additional income per farmer, based on current national average yield of 4 tons per hectare.  (Photos by Alan Jay Jacalan)