THE Department of Agriculture (DA) rejected imposing a suggested retail price (SRP) on rice and other agricultural products to stabilize local prices of commodities.

In a statement on Thursday, Agriculture Secretary Francisco Tiu Laurel Jr. said setting retail prices will only affect farmers since traders will only lower their purchase prices to gain profit.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details