The Philippine Statistics Authority (PSA) reported that the national average price of dry palay reached PHP 22.16 per kilogram in August 2025, up 29.9 percent from PHP 17.06 a year earlier. The price was down 1 percent from PHP 22.39 in July 2025.
The increase reflects higher production costs faced by farmers, including fertiliser, fuel, and labour. The PSA data provides a national average, but prices vary by region and grain quality.
Palay, or unmilled rice, is the staple crop of the Philippines. The price movement is closely watched as it affects both farm incomes and consumer rice prices.
The year-on-year rise comes amid ongoing challenges in the agricultural sector, including weather disruptions and global input price volatility. The PSA regularly publishes price monitoring reports to track these trends.