Year-end rice inventory seen rising to 3.64 MMT

By Janine Alexis Miguel

Jun 25, 2024 12:27 am

THE Department of Agriculture (DA) is optimistic that the country's rice inventory will reach 3.64 million metric tons (MT) by year-end, or 91 percent higher than last year's 1.9 million MT.

This, as the department sees an increase in palay (unmilled rice) production this year due to the 'less pronounced' impact of El Niño on the country's farms.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Inflation seen slowing to 2.6% in September

Profit-taking possible but PSEi could go higher

Rate cuts to help boost PH growth

PEZA-approved projects hit P115.8B

Telcos bare blueprint for far-flung barangays

Govt gross borrowings hit P174.B, up 40.3%

CTA ruling eases documentation burden