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Maroc Maroc - PHILSTAR.COM - Headlines - 08/Jul 16:00

Palay farmgate price drops by P5/kilo

The farmgate price of palay has gone down by P5 per kilo amid the issuance of Executive Order 62, which lowers the tariff on imported rice, former agriculture secretary Leonardo Montemayor said yesterday, as he projected a further slump in the buying price of the staple during the main harvest season in the last quarter of the year.

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