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BusinessWorld Economy

Palay farmgate prices rise 23.6% in May

FARMGATE PRICES for dry palay increased 23.6% year on year to a national average of P21.94 per kilogram in May, the Philippine Statistics Authority (PSA) reported. Farmgate prices were down 5.8% compared with April, it said. The Calabarzon region posted the largest year-on-year jump in farmgate prices at 37.3% to P19.25 per kilogram in May. […]

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Source: bworldonline.com

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