Average farmgate price of unmilled rice jumps in June

Quick Summary:

Local traders bought dry unhusked rice at a higher price in June, according to the latest data released by the Philippine Statistics Authority (PSA).

The average palay price went up to P19.97 per kilo in June from P17.62 per kilo in the same period last year.

PSA data showed that the highest increase was observed in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), where the average prices registered a year-on-year growth of 42.8 percent.

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Article Details

Author / Journalist: Ada Pelonia and Jovee Marie N. de la Cruz

Category: BusinessStartups

Markets: Philippines

Topics: Palay Rice Percent Prices Kilo June Farmers Farmgate Price Year Average

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-17 @ 11:50:39 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 838 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 21664058

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 65 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 9 hours ago

Coverage Areas: Philippines

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