Palay prices in some parts of the country have dipped below the production cost, but the worst is yet to come for rice farmers. Based on the initial survey by Federation of Free Farmers (FFF), palay prices in some parts of the country, including Pangasinan, Tarlac, Mindoro Occidental, Negros...
The harvest season for rice is over, but palay prices are still falling, a data from the Philippine Statistics Authority (PSA) showed. During the fourth week of October, the average farmgate price of palay fell by 0.4 percent to P15.36 per kilogram (/kg), compared to its level of P15.42/kg in...