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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

High rice prices to persist until September – DA

Despite sufficient rice stocks in the first half of the year, elevated rice prices may persist until September due to high international prices caused by the El Niño phenomenon, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsFeb 8th, 2024

DA expects record-high palay harvest this year despite El Niño

The Philippines may produce a record-high volume of palay or unmilled rice this year of almost 21 million metric tons (MT) despite threats of El Niño on local farms, estimates from the Department of Agriculture showed......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

DA expects record-high palay harvest this year despite El Niño

The Philippines may produce a record-high volume of palay or unmilled rice this year of almost 21 million metric tons (MT) despite threats of El Niño on local farms, estimates from the Department of Agriculture showed......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

‘Probe past NFA admins’ billion-peso palay sales’

Farmers’ group Federation of Free Farmers national manager Raul Montemayor asked Agriculture Secretary Francisco Tiu Laurel Jr. to include in the ongoing probe on the National Food Authority (NFA)’s questionable rice sale to some traders the alleged billions of pesos worth of fresh palay sold during previous administrations......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

PhilRice: 95% rice sufficiency by 2028 possible

The Philippines can achieve 95 percent rice sufficiency by 2028 through the use of both hybrid and inbred varieties of palay, the Philippine Rice Research Institute said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 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

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

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

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

Bumper harvest of palay seen in Q1

Despite threats of El Niño, the country’s palay output in the first quarter likely inched up year-on-year to over 4.8 million metric tons on the back of higher yield......»»

Category: financeSource:  philstarRelated NewsMar 18th, 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

Department of Agriculture to farmers: Replant immediately

The Department of Agriculture is urging rice farmers tilling at least 26,000 hectares to immediately replant palay after their harvest to mitigate the impact of El Niño on rice output......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 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

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