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PIA Press Release
2005/01/04

Ilocos Sur lawmakers seek for higher buying price of palay

by Freddie G. Lazaro

VIGAN CITY (04 January) -- Members of the provincial board sought the intervention of the National Food Authority (NFA) to raise the buying price of palay to further ease the farmers from economic crisis.

Through a resolution, the Ilocos Sur dads appealed to NFA thru Administrator Gregorio Y. Tan, Jr. to consider the increase of the floor price palay.

The prevailing NFA buying price of palay from individual farmers is P10.25 per kilogram, while the buying price of palay from the NFA accredited cooperative is P10.50 per kilogram.

Vice Governor Deogracias Victor Savellano, presiding officer of Ilocos Sur Sangguniang Panlalawigan, disclosed that farmers are faced with a difficult situation due to the low price imposed by the NFA which only pegged at P10.25/kilo.

With the increase of the buying price of palay, the farmers are able to cope up with the rapid increase of farm inputs such as fertilizers, pesticides, seeds and other farm costs.

“After palay harvest, most of the farmers well their palay surplus for the procurement of the much needed farm inputs for the ensuing crops, thus the increase of palay buying price would help the farmers to cope up with the ever increasing cost of fertilizers, pesticides and gasoline, among others, Savellano said.

The people of Ilocos Sur depend mainly in agriculture for their economic survival in which about 95% of the total population engaged in agriculture as major source of income.

Record from the office of the provincial agriculturist showed that about 46,484 hectares from the more than 98,229 hectares total agriculture land area of the province are devoted to palay production with an estimated yield of 198,817.73 metric tons annually. (PIA-Vigan) [top]

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