PSA notes slight drop in farmgate palay prices

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The story "PSA notes slight drop in farmgate palay prices" was covered 1 weeks ago by Business Mirror, a news publisher based in Philippines.

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PSA notes slight drop in farmgate palay prices - Business Mirror

Quick Summary:

Local traders purchased unmilled rice at a slightly lower price in October, according to the Philippine Statistics Authority (PSA).

Meanwhile, agricultural groups urged the government to revert to the previous tariff levied on key agricultural commodities when it conducts its periodic review and boost local production.

According to SINAG Executive Director Jayson Cainglet, however, the framework and parameters for the review of Executive Order (EO) 62, particularly for rice, should hinge on a few factors.