The Philippines in 2023 produced more than 20 million metric tons of rice for the first time in history. Official government data indicated that the production of unmilled rice in 2023 reached 20.06 ...
He said that NFA warehouses are swamped, storing around 300,000 metric tons of rice. “This would allow the NFA to free warehouses also to be able to buy more palay in the next harvest season ...
Reports revealed that the Philippines is negotiating a contract ... as the 2024–2025 winter-spring crop reaches its peak harvest, rice prices are expected to face further downward pressure.