Lower fertilizer prices and higher yields allowed palay farmers last year to cut their production costs to a three-year low, government officials and industry players said.
The Philippine Statistics Authority (PSA) earlier reported that the average cost of producing a kilo of palay or unmilled rice last year fell by 10 percent year-on-year to P13.38 from P14.98 in 2022.
Agriculture Undersecretary for rice industry development Christopher Morales attributed the decline to higher yields posted by farmers nationwide as well as a drop in fertilizer prices, a critical input in palay production.
Morales noted that urea prices last year dropped to about P1,800 per 50-kilogram bag compared to P2,400 in 2022.
この記事は The Philippine Star の December 02, 2024 版に掲載されています。
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この記事は The Philippine Star の December 02, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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