
At least 90 percent of palay in the country has been harvested, the Department of Agriculture (DA) announced on Tuesday, Nov. 14.
“We have harvested about 90% of palay across the nation, bought at P22.00 per kilogram,” DA spokesperson Assistant Secretary Arnel de Mesa said in a statement.
With this wet season harvest, the agriculture department assured Filipino consumers of “enough affordable supply of rice in the market.”
Per De Mesa, the volume is currently sold at an average of P23 to 25 per kilo farmgate price.
The DA noted that the average retail price for regular well-milled is at P42.80 while the prevailing price for well-milled is at P45.
The possible movement in price is an adjustment as only a few areas remain harvestable from the current wet season, the agency official said.
De Mesa stated that the country is expecting a total yield of 3.063 million metric tons (MMT) for November and December.
“Based on data and information from the Philippine Rice Information System, it is generally a good harvest year for the Filipino rice farmers,” he said.
The national rice outlook for the year will reach around 20 MMT, he continued.