No SRP on rice, other farm products

By Janine Alexis Miguel

Jan 12, 2024 12:04 am

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.

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