NFA administrator Jason Aquino said the food agency will focus all its logistics, funds and personnel on aggressive palay
buying as harvest starts to peak in some areas.
Historically when harvest peaks, ex-farm prices go down, though minimal, during the summer crop because this is the season when farmers produce better quality palay
than during the wet crop so traders also buy aggressively,' Aquino said.
3% percent of palay
harvest is wasted during harvest, and 5.
In the second half of Tournament of Lawyers, Galanter and Palay
turn their attention to explaining this transformation.
Evasco said the NFA buying price for palay
is P17 per kilogram.
He said labor cost is one of the major expenses incurred in palay
prices will bring relief to the farmers.
Villegas, an economist and former vice president of the Land Bank of the Philippines, a P1 hike in palay
support price would be acceptable for both the farmers and consumers.
Like a broken record, I repeat that if our farmers, who comprise the bulk of our labor force, can get a fair price for their palay
, they will have more money in the pocket to afford more food, clothing, housing, provide better education for their children, etc.
Moreover, the coalition joins the call of other lawmakers to increase NFA's buying price for palay
to at least P20 a kilo from the current price of P17 per kilo.
MANILA, Philippines Production of the seasonally adjusted palay
(unhusked rice) for the fourth quarter of 2017 rose by five percent due to improvement in harvest areas nationwide.