palay prices
PH rice industry under liberalization
February 14, 2023
Enacted four years ago, the government promised that RA11203 or the Rice Liberalization Law would improve farmers’ productivity and food security. But rice import dependency and trade deficit worsened, while rice self-sufficiency and farm gate prices fell, to the detriment of Filipino farmers.
Rice tariffication harmed rice farmers
May 30, 2022
In 2020, rice farmers’ net income per hectare decreased by 30.7% in the dry season, by 37.5% in the wet season, and by 35% on the average as compared to figures in 2018. This translated to substantially lower profitability ratio for the farmers.
