# More rice mills stop operations | Philstar.com

> About 40% of the Philippines' roughly 10,000 rice mills have stopped operating, according to PhilConGrains, as cheap imports and falling prices hit millers. Rice bran prices have doubled to P17 per kilo from P8-9, as reduced milling cuts bran output.

- Date: 2019-07-29 · published 2019-07-29T12:00:00.000Z
- Category: logistics · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/58170-more-rice-mills-stop-operations-philstar-com
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Lower milling reduces rice bran supply used in poultry and hog feed, pushing up by-product feed costs in the Philippines.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2020-03-19 | [Rice price stabilised thanks to increase in supply, federation says \| Vietstock](https://feedsoft.ai/events/7424-rice-price-stabilised-thanks-to-increase-in-supply-federation-says-vietstock.md) | -4.7% | +0.2% |
| RICE | 2021-12-06 | [Importers to pay N300b freight rates on foreign rice to Nigeria, others \| The Nation](https://feedsoft.ai/events/43667-importers-to-pay-n300b-freight-rates-on-foreign-rice-to-nigeria-others-the.md) | -1.7% | +2.6% |
| RICE | 2020-06-12 | [South Louisiana Rail Facility to build rice mill - Rice Farming](https://feedsoft.ai/events/6719-south-louisiana-rail-facility-to-build-rice-mill-rice-farming.md) | -3.6% | +10.9% |
| RICE | 2022-01-19 | [AFRICA • The collapse of commodity trader Phoenix shakes up rice trade - 19/01/2022 - Africa Intelligence](https://feedsoft.ai/events/43227-africa-the-collapse-of-commodity-trader-phoenix-shakes-up-rice-trade-19-01-2022.md) | +3.1% | +2.0% |
| RICE | 2024-06-14 | [High shipping costs dent Vietnam's rice prices - BusinessWorld Online](https://feedsoft.ai/events/29840-high-shipping-costs-dent-vietnam-s-rice-prices-businessworld-online.md) | -1.9% | -20.7% |

## Sources

- philstar.com: https://www.philstar.com/business/2019/07/30/1938951/more-rice-mills-stop-operations

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.