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‘Palay, rice prices to decline as harvest season peaks’

Palay and rice prices are expected to continue going down with the peak harvest season, according to farmers’ group Federation of Free Farmers......»»

Category: newsSource: philstar philstarMar 10th, 2024

Oil prices hit fresh five-month high

Oil prices scored fresh five-month peaks Wednesday on unrest in the crude-rich Middle East and an OPEC+ call for its members to maintain its strategy of reducing output......»»

Category: financeSource:  philstarRelated NewsApr 4th, 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

‘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

Prices

To most Filipinos, their No. 1 problem is prices – high prices. Of nearly everything. The rate of increase in prices is inflation. Most people don’t understand what inflation means. But they know when prices are high, or are exceedingly high......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

DA slashes palay output target to 20.4 million tons

The Department of Agriculture slashed its palay production target for the year to 20.4 million metric tons after taking into consideration the impact of El Niño on domestic farms......»»

Category: newsSource:  philstarRelated NewsMay 9th, 2024

DA: Palay production hit 20.06 million MT in 2023

Palay production hit a record high of 20.06 million metric tons in 2023, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

Factory gate prices decline in January

Producer prices of manufactured goods contracted in January due mainly to the slower increase in prices of computer, electronic and optical products, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Rice sufficiency possible in 2028 – NIA official

The Philippines can achieve rice sufficiency in 2028 as palay production is expected to go up this year despite the El Niño weather phenomenon, according to the National Irrigation Administration......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

Tighter control over rice imports, direct buying from farmers eyed

The Department of Agriculture is seeking tighter control over the rice industry by restricting imports during harvest seasons and inspecting warehouses of traders and importers......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

Philippines to import less rice this year – USDA

The United States Department of Agriculture (USDA) has lowered its rice import forecast for the Philippines to 3.9 million metric tons (MT) as it expects the country to have a better harvest than earlier projected......»»

Category: financeSource:  philstarRelated NewsApr 13th, 2024

Fuel price hike next week

As travel peaks for the Holy Week, hefty fuel prices are expected......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

Vietnam s Q1 rice export up 42 pct in value

HANOI, April 10 (Xinhua) -- Vietnam exported over 2.1 million tons of rice, up 42 percent year-on-year in value, in the first quarter of this year, VnExpress reported Wednesday, citing the Ministry of Agriculture and Rural Development. The country earned 1.4 billion U.S. dollars from exporting rice during the cited period, said the report. The Philippines was the biggest importer of Vietnamese rice, accou.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Repeal of liberalization law urged to combat high rice inflation

A farmer group on Wednesday said that reversing the rice liberalization law would help address the low procurement of rice grains and high rice inflation......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

Coming soon: Rice for diabetics

Filipino rice lovers may soon need not worry about their blood sugar level spiking when eating the staple as scientists at the International Rice Research Institute (IRRI) are advancing well with its ultra-low glycemic index (GI) rice......»»

Category: financeSource:  philstarRelated NewsApr 1st, 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

IN STORE - The Manila Times

Workers unload sacks of rice at a warehouse in Dagupan St., Tondo, Manila on Tuesday, May 7, 2024. President Ferdinand R. Marcos Jr. said that he would certify a bill amending the Rice Tariffication Law (RTL) as urgent to control rice prices in the country. PHOTOS BY RENE H. DILAN Workers unload sacks of rice at a warehouse in Dagupan St., Tondo, Manila on Tuesday, May 7, 2024. President Ferdinand R. Marcos Jr. said that.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

Consumer groups lament unprecedented rice inflation

The Rice Liberalization Law has been in place for five years. Still, market prices have yet to drop to P25 per kilo, affecting farmers and consumers. The post Consumer groups lament unprecedented rice inflation appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 29th, 2024

As prices increase, farmers demand repeal of Rice Liberalization Law

“Farmers and consumers are demanding the strengthening of the rice industry as a solution to the perennial rice inflation, now nearing an all-time high rate that is expected to continue until July." The post As prices increase, farmers demand repeal of Rice Liberalization Law appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 15th, 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