Marcos directs DA to set floor price for palay amid low farmgate prices

President Ferdinand "Bongbong" Marcos Jr. on Saturday issued an executive order (EO) directing the Department of Agriculture (DA) to establish a floor price for palay (unhusked rice) and introduce trigger mechanisms for its implementation to protect Filipino farmers from unfairly low farmgate prices.

Marcos directs DA to set floor price for palay amid low farmgate prices

President Ferdinand "Bongbong" Marcos Jr. on Saturday issued an executive order (EO) directing the Department of Agriculture (DA) to establish a floor price for palay (unhusked rice) and introduce trigger mechanisms for its implementation to protect Filipino farmers from unfairly low farmgate prices.