Philippines – PHL rice yield posts annual growth
The Philippines’s rice output grew by 2.7 million metric tons (MMT) from 2010 to 2013, the Department of Agriculture (DA) said on Friday
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The Philippines’s rice output grew by 2.7 million metric tons (MMT) from 2010 to 2013, the Department of Agriculture (DA) said on Friday
Roehlano Briones, an economist at the Philippine Institute of Development Studies, said the surging prices are a result of increased local production to meet the country’s rice supply requirements.
Rice millers are demanding that the government increase the price of rice proposed to be supplied at Rythu Bazaars to at least Rs 35 a kg, citing losses on account of rise in power tariff, transportation and other operational costs.
The first month of monsoon has turned out to be the worst in years for farmers, especially in coastal Andhra Pradesh that has had very little rain because of a truant southwest monsoon.