The National Food Authority has raised its buying price for clean, dry palay to as high as P30 per kilogram in select areas, up from previous rates of P17 to P21 per kilogram.
The adjustment covers multiple provinces, including Bulacan, Nueva Ecija, and parts of Mindanao and the Visayas, while some areas retained earlier rates or slightly reduced prices.
Agriculture Secretary Francisco Tiu Laurel Jr. said the move reflects strong harvests and aims to ensure farmers earn better amid rising farmgate prices.
He added that production costs remain lower than current buying prices, suggesting improved farm income conditions.
Authorities also said rice retail prices are not expected to rise in the coming weeks as supply remains stable.
Source: PhilNews24 | April 15, 2026
