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Adriano pointed out that the local rice farmers' average production cost increased by P3.13 per kilogram. Filipino rice farmers spent on an average P11.52 to produce a kilogram of palay in 2020, based on Philippine Statistics Authority (PSA) data.
1 day agoTHE PHILIPPINES, the world's second-biggest rice buyer behind China, aims to be fully self-sufficient in production of the staple crop by 2027, the Agriculture …
1 day agoRice prices are expected to remain notched around current highs until 2024, stated a report by Fitch Solutions Country Risk & Industry Research dated April 4. The price of rice averaged $17.30...
The average cost of producing a kilogram of palay in 2021 rose by 4.52 percent to P12.02 from P11.50 driven by higher expenditures on fertilizer and hired labor, the latest Philippine Statistics Authority (PSA) data showed.
The Philippines alone recorded 4.81 million hectares of area harvested for rice and a total production of 19.96 million metric tons, with the value of Php 403.89 billion (PSA 2021). However, even with this level of rice production in the Philippines, rice is still the 3rd most imported agricultural item of the country.
10 hours agoThe Masagana 150 aims to achieve 7.5 tons of inbred rice per hectare yield, equivalent to 150 cavans at P8.38 production cost per kilo. Meanwhile, the Masagana 200 aims for a yield of 10 tons of hybrid rice per hectare, or …
Data from the Philippine Statistics Authority (PSA) shows that the average cost of producing rice in the country was USD 0.21/kg in 2020, still relatively higher than in other Southeast Asian countries. Labor cost is the top contributor to the rice production cost in the Philippines.
State of the Rice Sector in the Philippines. ... key performance indicators of rice production, consumption, and market. Population: 110.2 MILLION (PSA, 2021) Palay Production (2022) 19.76. million metric tons. Area Harvested (2022) 4.80 . ...
The Philippines's average palay production cost last year rose to a 7-year high and returned to the P12-per-kilogram territory, due to expensive fertilizer and higher wage rates. The average ...
2 days agoFarmers group warns of possible rice shortage in Q3. by Raadee S. Sausa. April 18, 2023. 3 minute read. While the country's rice supply may be sufficient until June, a deficiency in the staple ...
Labor cost is the top contributor to the rice production cost in the Philippines. Hired and operator, family, and exchange labor comprised almost 53% (USD 0.11/kg) of the total production cost in 2020 due to the high-level labor requirements, and rising farm wage rates. Total labor use in the Philippines was around 69–71 labor-days …
The report provides the updated estimates of production cost and returns for other selected commodities. It covers a total of 26 selected commodities excluding palay and …
RICE PRICES are rising even during the dry season harvest, reflecting the higher cost of fertilizer, according to a farmers' organization. In a Viber message, Raul Q. Montemayor, chairman of Federation of Free Farmers, said high fertilizer prices raised the cost of production for palay (unmilled rice). In Metro Manila markets, the price of ...
Masagana 150 seeks to achieve the 7.5 tons of inbred rice per hectare yield, equivalent to 150 cavans at P8.38 production cost per kilo, while Masagana 200 aims for a yield of 10 tons of hybrid rice per hectare, or 200 cavans at …
The average cost of producing a kilogram of palay in 2021 rose by 4.52 percent to P12.02 from P11.50 driven by higher expenditures on fertilizer and hired labor, …
The Philippines, the world's second-biggest rice buyer behind China, aims to be fully self-sufficient in production of the staple crop by 2027, the agriculture ministry …
In the fourth quarter of 2021, the seasonally adjusted retail price of rice at PhP 42.92 per kilogram recorded an increase of 1.3 percent from the previous quarter's retail price of PhP 42.39 per kilogram. Likewise, the current quarter's seasonally adjusted retail price went up by 3.2 percent from the same period of 2020 at Php 41.57 per kilogram.
However, even with this level of rice production in the Philippines, rice is still the 3rd most imported agricultural item of the country. In 2020, 2.2 million MT was imported to the Philippines, of which 79.7% originated from Vietnam. ... Besides the high input costs like fertilizer, labor, land rent, transport, and milling cost among others ...
1 day agoMasagana 150 would yield 7.5 tons of inbred rice per hectare at a production cost of P8.38 per kilogram. This would translate to a net profit of P50,000 per hectare for …
This price update shows the situation and the weekly and monthly prevailing farmgate, wholesale and retail prices of palay, rice and corn. The Philippine Statistical Authority (PSA) monitors cereals prices covering 80 provinces/cities including Metro Manila. Data are from the Weekly Cereals and Fertilizer Price Monitoring (WCFPM).
Average Yield per Hectare by Year by Region (2022) in metric tons per hectare (PSA, 2023) Regional Provincial Municipal. < 3mt/ha. 3 to 4mt/ha. 4 to 5mt/ha. > 5mt/ha. Data Source: Estimated production, area harvested and yield per hectare (PAY) - PalayStat System. 1.
Filipino rice farmers spent on an average P11.52 to produce a kilogram of palay in 2020, based on Philippine Statistics Authority (PSA) data. " [The increase in production cost] will translate ...
Palay Production in the Philippines (2002-2022) in million metric tons (PSA, 2023) Data Source: Estimated production, area harvested and yield per hectare (PAY) - PalayStat System Download Chart Palay Production by Region (2022) in metric tons (PSA, 2023) Regional Provincial Municipal
So, it is not surprising that the Philippines has imported with a total cost of $464.5 million of rice from their rice-supplying countries in 2015.
Philippines: Grain and Feed Update. While COVID-19 and African Swine Fever continue to constrain Philippine feed demand, corn and rice posted strong production in the third quarter of MY20/21 and are both set for record high output. Post raises MY21/22 rice production to 12.4 million MT due to greater adoption of improved …
The Philippines, the world's second-biggest rice buyer behind China, aims to be fully self-sufficient in production of the staple crop by 2027, the agriculture ministry said on Tuesday.
1 day agoMasagana 150 would yield 7.5 tons of inbred rice per hectare at a production cost of P8.38 per kilogram. This would translate to a net profit of P50,000 per hectare for farmers based on a market price of P27.50 per kilogram. Masagana 200, meanwhile, aims to yield 10 tons of hybrid rice per hectare at a production cost of P7.82 per kilogram.