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Palay output likely fell in Q2 – PSA

THE country's palay (unmilled) output for the second quarter is projected to have declined by 8.6 percent compared to the same period last year, the Philippine Statistics Authority (PSA) said.

Latest data from the government estimated that palay production during the April-June period could have hit 3.88 million metric tons (MT), down from the 4.25 million MT harvested in the same period in 2023.