Farmers in Mangaldan, Pangasinan are delaying the sale of their newly harvested palay as prices remain low, dropping to P17.50 per kilo compared to the P27 to P28 per kilo last year. Eddie Mayugba, a ...

MANILA, Philippines — The average palay production cost last year dropped by almost 11 percent on an annual basis to below P14 per kilo, according to the Philippine Statistics Authority (PSA).

Farmers harvesting palay in Barangay Hubangon, Mahinog, Camuigin. THE farmgate price of palay or dry unmilled rice reached an all-time high in 2024, latest government data showed. Figures from the ...