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The Philippine Department of Agriculture's PhilRice institute encouraged farmers to sell good-quality dry palay for higher returns amid lower farmgate palay prices. It said dry palay at 14% moisture can earn about P1.50 per kilogram more than fresh palay, depending on quality.
This is local Philippine farm-gate advice on paddy quality and price premiums, with little effect on global rice supply, demand or prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.