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Palay output seen plunging on El Niño, storms’ impact

Business Mirror LogoBusiness Mirror16h ago

Palay output seen plunging on El Niño, storms’ impact - Business Mirror

Quick Summary:

THE Department of Agriculture (DA) said the country’s palay production could plunge by the end of the year due to the gravity of damage inflicted on plantations by El Niño and typhoons.

Because tariffs went down, and India lifted its ban on rice exports, the rice imported by the Philippines would not cost so much, he explained.

Government official and industry sources earlier said India easing its export restrictions could affect world and domestic rice prices.


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Article Details

Author / Journalist: Ada Pelonia

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 16:06:00 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 530 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 36 words per sentence (average)

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

Copyright Owner: © Business Mirror

News ID: 23400351

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About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 75 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 16 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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The story "Palay output seen plunging on El Niño, storms’ impact" was covered 16 hours ago by Business Mirror, a news publisher based in Philippines.

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