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The Philippines’ National Food Authority is offering up to 30 pesos per kilogram for clean, dry palay and has increased the amount each farmer can sell under its procurement program. The purchases are intended to replenish government rice reserves and support farm incomes ahead of a potentially strong El Niño.
Higher public procurement prices and larger buying limits can support domestic palay prices while adding to government stocks. The prospect of El Niño-related production risks adds further support to rice prices.
manilastandard.netNathaniel MacaranasNov 8, 2026After 168 past bullish policy events, Rough Rice moved a median +0.8% over 5 sessions (57% higher; middle half -1.7% to +2.1%), and -0.4% over 20.
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.
