Rice paddies in Santa Maria, Bulacan. In the Philippines, rice production is an important aspect of the country's food supply and economy.The Philippines is the 8th-largest rice producer in the world, accounting for 2.8% of global rice production. [1] The Philippines was also the world's largest rice importer in 2010.

4 days ago · NPCC cited data from the Philippine Statistics Authority, which showed rice inflation surged to 17.9 percent in September 2023, far exceeding the government’s target of 4 percent for food inflation. The cost of regular and well-milled rice remained elevated, up by 19 percent and 20 percent, respectively, compared to the previous year.

May 16, 2024 · Thanks to its tropical climate, the Philippines has a favorable environment for rice cultivation, which is grown all year round. Despite local production, the Philippines relies on rice...

What is the status of the rice industry? Explore and get insights about the trend of the key performance indicators of rice production, consumption, and market.

4 days ago · The annual rate of increase in rice prices in the Philippines hit a 15-year high of 24.4% in March last year, but has since moderated to 0.8% in December, helping keep overall inflation for 2024 ...

Jun 1, 2024 · Explore the vibrant landscape of Rice Production in the Philippines and uncover innovative farming techniques reshaping this vital industry.

Jun 3, 2022 · Due to highly unpredictable weather phenomena in the Philippine climate, the Philippine Rice Research Institute has promoted the cultivation of drought-tolerant rice varieties and the utilization of El Niño-ready technologies in paddy-rice production.

The Philippines alone recorded 4.81 million hectares of area harvested for rice and a total production of 19.96 million metric tons, with the value of Php 403.89 billion (PSA 2021). However, even with this level of rice production in the Philippines, rice is still the 3rd most imported agricultural item of the country.

Sep 28, 2022 · The Department of Agriculture (DA) National Rice Program reported that this year’s local palay production is expected to reach 19.50 million metric tons (MMT) or 12.754MMT of rice despite global challenges that include the increase in …

On April 30, 2024, the Asian Development Bank (ADB) forecasted that rice production in the Philippines will decrease in 2024 and 2025 due to an expected twofold increase in fertilizer prices following Russia’s invasion of Ukraine.