THE AVERAGE farmgate price of palay, or unmilled rice, fell 0.1% during the third week of July to P17.80 per kilogram (kg), the Philippine Statistics Authority (PSA) said.
The PSA said the average wholesale price of well-milled rice rose 0.1% week-on-week to P39.11. At retail, it fell 0.1% to P42.80.
The wholesale price of regular-milled rice was stable at P35.26 week-on-week. At retail, the price fell 0.1% to P38.35.
The farmgate price of both yellow and white corn grain fell during the period. Week-on-week, the farmgate price of yellow corn grain fell 0.2% to P13.95. The average wholesale price rose 0.3% to P18.31, while the retail price decreased 0.3% to P23.62.
The average farmgate price of white corn grain decreased 0.4%, week-on-week to P16.02. The average wholesale price rose 0.9% to P18.50, while the average retail price was stable for a third straight week at P27.15. — Vincent Mariel P. Galang
