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business.inquirer.net Palay buying prices hit 8-year low; farmers getting restless

Rosadilla Limbres has been planting palay for the past three decades in her hometown of Bukidnon, but she described the last three years as the hardest time she had in farming.

The 64-year-old owns a three-hectare rice farm in Barangay Kibawe, where wet palay now sells for P12 a kilogram against P20 a kilo last year. For the last two harvests, she said she did not make any profit.

The coming…
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