CDNTopStories: Prices of both rice and palay continued to rise as the persistence of the new coronavirus pandemic triggered local government units and households to stock up on their rice reserves. Read more:
Palay prices at the farm-gate increased to P18.81 a kilo during the first week of May, data from the Philippine Statistics Authority showed, up from P15.79 a kilo at the start of the year.
The pandemic, while an unlikely source of reprieve, ended the slump in prices that started in January last year following the implementation of the rice tariffication law. The extension of the lockdown in Metro Manila and other parts of the country has led prices to consistently go up as demand for the staple soared after LGUs, national agencies and numerous nonprofit organizations intensified relief efforts.
The highest quotations for a kilo palay were recorded in the provinces of Negros Occidental , Bohol , Zamboanga del Sur , Bukidnon , Davao del Sur and North Cotabato .
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DOE: LPG, kerosene prices frozen in Ambo-hit towns of Eastern SamarA price freeze for liquified petroleum gas (LPG) and kerosene products in certain Eastern Samar towns battered by Typhoon Ambo was ordered by the Department of Energy (DOE) on Wednesday. | GabrielLaluINQ
Read more »
Ex-health chief accuses local supplier of jacking up prices of test kitsThe unnamed supplier supposedly prices equipment at three times the cost of what manufacturers sell them for.
Read more »
Sudan inflation soars to 99% as food prices riseHigher prices of grains, meat, milk, and bread cause Sudan's inflation rate to shoot up to 99% in April 2020.
Read more »
Sudan inflation soars to 99% as food prices riseHigher prices of grains, meat, milk, and bread cause Sudan's inflation rate to shoot up to 99% in April 2020.
Read more »
Pagasa: Cloudy skies over Luzon; Easterlies to bring warm weather in Visayas, MindanaoCloudy skies continued to affect parts of Luzon including Metro Manila on Tuesday, while easterlies or warm winds from the Pacific Ocean will continue bringing warm weather to Visayas and Mindanao. | GabrielLaluINQ
Read more »
Dominguez schools Imee Marcos: Masagana program left farmers in debt(UPDATED) Finance Secretary Carlos Dominguez III tells Senator Imee Marcos that the rice program during her father's regime led to the bankruptcy of some 800 banks
Read more »