DA’s promise: Rice prices down by up to P7 in August

Jordeene B. Lagare, Thony Rose Lesaca 07/20/2024

The retail prices of rice in public markets are expected to decline by up to P7 per kilo in early August after the government cut the duties on imported rice, according to the Department of Agriculture (DA).…

Rice prices may decrease by P5 to P6 per kilo this month

Gabriel Pabico Lalu 06/07/2024

MANILA, Philippines — Rice prices may decrease by P5 to P6 per kilogram between June and July, following President Ferdinand Marcos Jr.’s approval of reduced tariff rates for rice, House of Representatives lawmakers announced on Thursday. During…

DA eyes SRP on rice as retail prices still over P50 per kg

Jordeene B. Lagare 01/07/2024

MANILA, Philippines — The Department of Agriculture (DA) is looking at the possibility of issuing a suggested retail price (SRP) for rice to temper price fluctuations across the country. But with global prices surging to 15-year highs…

PH replaces China as world’s top rice importer

Adrian Parungao 09/15/2023

MANILA, Philippines — The Philippines has replaced China as the world’s top rice importer, a report from the United States Department of Agriculture (USDA) said. According to the 2023 Grain: World Markets and Trade report, the Philippines…

Price monitoring task force of Cebu City to focus on monitoring price caps in markets

Niña Mae C. Oliverio 09/10/2023

CEBU CITY, Philippines — Cebu City’s Price Monitoring Task Force (PMTF) will only focus on inspecting and monitoring the rice prices in the city’s public markets for now. PMTF Head Suzanne Ardosa said that they would not…

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