The Philippine agriculture department has set a so-called ‘palay support price’ of P19 per kilo to help local farmers cope with falling prices due to the surge of imported rice. In this interview with #ANCEarlyEdition, DA secretary William Dar explains that they will buy rice from local farmers at P19 from the current farmgate price of P17. The department is also set to announce a tariff increase on imported rice.
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Source: https://www.youtube.com/watch?v=S-whTlZpaXY