Senator Lapid Backs EO 100 Setting Palay Floor Price: “Timely and Crucial for Farmers”

- Advertisement -

Senator Lito Lapid expressed his gratitude to President Bongbong Marcos Jr. for issuing Executive Order No. 100, series of 2025, which sets a floor price for palay to support government procurement programs directly benefiting farmers and fisherfolk.

Under Republic Act No. 11321, or the Sagip Saka Act of 2019, government agencies with relevant mandates are required to purchase agricultural products from accredited farmer and fisherfolk cooperatives and enterprises.

- Advertisement -

EO 100 mandates these agencies to ensure that farmers are not at a loss by implementing a minimum price that considers production costs, market rates, fair profit margins, and the welfare of both producers and consumers.

The order also factors in external disruptions such as calamities and sudden market shifts that affect palay pricing.

Lapid, chairperson of the Senate Committee on Cooperatives, emphasized that the President’s swift action is timely, addressing the urgent pleas of farmers and fisherfolk suffering from excessive importation and rampant smuggling.

Farmer groups reported to Lapid that palay prices currently range from ₱10 to ₱14 per kilo in provinces like Nueva Ecija, Pampanga, and Bicol, while in Isabela, prices have dropped to as low as ₱8 to ₱10 per kilo.

- Advertisement -

As a farmer himself, Lapid said he deeply understands the hardship and sacrifices of palay growers, especially with the soaring costs of fertilizer, pesticides, and other farming inputs.

He noted that while the government provides free fertilizer, it remains insufficient to offset the high expenses incurred by farmers.

Lapid also urged President Marcos to direct Agriculture Secretary Francis Tiu Laurel to prioritize programs that prevent farmer losses, including subsidies, cost-reduction support for farming and harvesting, increased government procurement at fair prices, and other initiatives to sustain agricultural livelihoods.

- Advertisement -

Latest

Jessica Sanchez and Morissette unite for inspiring new anthem

This is one vocal powerhouse dream come true indeed.

Jojo Mendrez gives new life to “Yakap”

The singer breathes new life to a classic hit.

Sen. Bato dela Rosa rejects calls to surrender to ICC

MANILA, Philippines - Senator Ronald dela Rosa on Wednesday...

Sen Dela Rosa issued CIDG subpoena over alleged EJK cases; ordered to appear in Camp Crame inquiry

MANILA, Philippines - Senator Ronald “Bato” Dela Rosa has...

Explainer: What really happens when a vice president is impeached?

MANILA, Philippines —The House of Representatives is set to...

Newsletter

Sen. Bato dela Rosa rejects calls to surrender to ICC

MANILA, Philippines - Senator Ronald dela Rosa on Wednesday rejected calls for him to voluntarily surrender to the International Criminal Court (ICC), insisting that...

Jojo Mendrez gives new life to “Yakap”

The singer breathes new life to a classic hit.

Explainer: What really happens when a vice president is impeached?

MANILA, Philippines —The House of Representatives is set to deliberate in plenary on Monday afternoon, May 11, on the Articles of Impeachment filed against...