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Nine SKUs post price hike in latest SRP bulletin

Nine stock keeping units have recorded price hikes in the most recent suggested retail price bulletin for basic necessities and prime commodities, according to the Department of Trade and Industry......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

DA, DTI urged to enforce stricter price monitoring during Holy Week

A lawmaker has called on the Department of Agriculture and the Department of Trade and Industry to keep an eye on possible price surges during the Holy Week and set suggested retail price on basic commodities......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

DA nixes plan to impose SRP on rice to tame inflation

The Department of Agriculture is not keen on imposing a suggested retail price for rice, Secretary Francisco Tiu-Laurel said, clarifying that "earlier proposals" were "just an idea based on available remedies.".....»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Potemkin

The Department of Agriculture announced that suggested retail prices on rice will be issued next week. At first blush, this seems to be another dubious “solution” to spiking rice prices from the same minds that brought us price caps last year......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Philippines expects stable rice price in first half of 2024

MANILA, Feb. 8 (Xinhua) -- The rice supply in the Philippines is sufficient through the first half of this year, ensuring the stable price of the country's main food staple, an agriculture official said on Thursday. Philippine Agriculture Secretary Francisco Tiu Laurel said rice prices may stay elevated through September this year due to concerns over El Nino's impact on global rice supply and heightened demand.....»»

Category: newsSource:  manilanewsRelated NewsFeb 9th, 2024

Philippines expects stable rice price in first half of 2024

MANILA, Feb. 8 (Xinhua) -- The rice supply in the Philippines is sufficient through the first half of this year, ensuring the stable price of the country's main food staple, an agriculture official said on Thursday. Philippine Agriculture Secretary Francisco Tiu Laurel said rice prices may stay elevated through September this year due to concerns over El Nino's impact on global rice supply and heightened demand.....»»

Category: sportsSource:  abscbnRelated NewsFeb 9th, 2024

NFA mulls hike in selling price

The National Food Authority is considering raising its selling price of rice to as much as P36 per kilogram to recover its costs and keep profit margins after it increased its palay buying price last year......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

‘Rice retail prices down by P2/kilo’

The retail prices of rice decreased by P2 per kilo as well-milled rice went down to P52 per kilo compared to the previous P54 per kilo, according to farmers’ group Samahang Industriya ng Agrikultura......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

NFA OKs more competitive P30/k palay buying price

State-run National Food Authority is optimistic that it can now compete better with private traders in buying local palay after it was allowed to purchase palay or unmilled rice by as much as P30 per kilogram......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

DTI warns vs buying mystery parcels

The public should be careful in in buying mystery parcels or boxes as they may be held liable for violating the anti-fencing law for buying illegally obtained items, the Department of Trade and Industry said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

Philippines struggles to lower rice price despite ample supply

MANILA, Feb. 16 (Xinhua) -- The Philippines continues to struggle to lower the price of rice despite an ample supply of the national staple, a Philippine agriculture official said Friday. Agriculture Undersecretary Roger Navarro said the Philippines has enough rice supply due to a bumper harvest last year and additional importation in January. "But it's difficult to reduce prices since the cost of the gra.....»»

Category: sportsSource:  abscbnRelated NewsFeb 17th, 2024

Philippines struggles to lower rice price despite ample supply

MANILA, Feb. 16 (Xinhua) -- The Philippines continues to struggle to lower the price of rice despite an ample supply of the national staple, a Philippine agriculture official said Friday. Agriculture Undersecretary Roger Navarro said the Philippines has enough rice supply due to a bumper harvest last year and additional importation in January. "But it's difficult to reduce prices since the cost of the gra.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

The pests that are toxic politics and rice tariffication

Duterte back in 2019 promised us of cheaper rice with his Rice Tariffication Law. The Marcos-Duterte Uni-Team in 2022 promised to lower the price of rice to P20 per kilo. These promises clearly remained as promises......»»

Category: newsSource:  davaotodayRelated NewsMar 5th, 2024

DTI rolls out the Rice on Wheels Program in coordination with Bulacan rice millers and traders

The Department of Trade and Industry (DTI), in coordination with Bulacan rice millers and traders, will officially roll out the “Rice on Wheels Program for Retailers” to ensure the availability of affordable regular and well-milled rice to the general public......»»

Category: newsSource:  samarnewsRelated NewsFeb 27th, 2024

Thailand s rice exports up 44 pct in January

BANGKOK, Feb. 6 (Xinhua) -- Thailand's rice exports jumped 43.96 percent from a year earlier to 1.12 million tons in January, government spokesperson Chai Wacharonke said on Tuesday. The government has set a rice export target of 7.5 million tons this year as part of efforts to develop the quality of rice varieties and expand access to Thai rice in overseas markets, Chai said in a statement. Authorities a.....»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 2024

Galunggong retail price up 20 percent

The retail price of galunggong or round scad has increased by 20 percent as fish demand rises during the Holy Week......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Pork belly retail price hits P420/kilo

The retail price of pork belly or liempo has reached as high as P420 per kilo amid the upward trend in its cost, according to data from the Department of Agriculture ......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

Retail price of galunggong down by P50/kilo

The retail price of round scad or galunggong has gone down by P50 per kilo with the peak fishing season, the Bureau of Fisheries and Aquatic Resources said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

High pork retail prices hit

The farmgate price of pork remains low at P200 per kilo, but its retail price has reached as high as P420 per kilo in Metro Manila markets, according to a hog raisers’ group......»»

Category: newsSource:  philstarRelated NewsFeb 1st, 2024

Farmers’ group: High retail prices of rice to persist

High retail prices of rice will persist as imported varieties dominate the local market, farmers’ group Samahang Industriya ng Agrikultura president Rosendo So said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024