Increasing the Support Price for Palay
Letter of Instructions No. 127, issued on September 13, 1973, directs relevant government agencies in the Philippines to increase the support price for palay from P30.00 to P35.00 per cavan to aid farmers during the Masagana 99 harvest. The Special Committee on Rice Procurement is tasked with implementing this price increase by collaborating with private millers, traders, and transport companies to ensure efficient movement of rice from farms to markets. Additionally, the military is encouraged to assist in executing the procurement and price support program. Immediate compliance with this directive is mandated.
Law Information
- Reference Number
- Letter of Instructions No. 127
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Letters of Instructions
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
September 13, 1973
LETTER OF INSTRUCTIONS NO. 127
| TO | : | The Secretary |
| Department of Agriculture and | ||
| Natural Resources | ||
| Quezon City | ||
| The Administrator | ||
| National Grains Authority | ||
| Quezon City | ||
| The Secretary | ||
| Department of National Defense | ||
| Manila |
In view of the impending Masagana 99 harvest and the need to support farm prices at a level that will enable farmers to make a profit and repay their obligations, you are hereby directed to increase the support price for palay of 50 kilos from the present P30.00 per cavan up to P35.00 per cavan. acd
The Special Committee on Rice Procurement is hereby directed to ensure that the procurement mechanism implements this P35.00 support price to the farmer. To this end, the procurement mechanism should utilize all reputable private millers and traders, to the fullest extent possible, as well as harness all trucking and shipping companies to ensure the swift flow of the harvest from farms to mills to market.
The military is hereby enjoined to assist the Special Committee on Rice Procurement, whenever called upon, to implement all phases of the price support and procurement program. casia
Immediate and strict compliance with the Letter of Instruction is desired.
DONE in the City of Manila, this 13th day of September, in the year of Our Lord, Nineteen Hundred and Seventy-Three. acd
Cite This Law
Increasing the Support Price for Palay, Letter of Instructions No. 127, Sep 13, 1973 (Philippines)
Increasing the Support Price for Palay, Letter of Instructions No. 127 (Phil. 1973)
Related Laws
- Increase in the Price Support for Palay and CorngrainsLetter of Instructions No. 1147 • May 25, 1981 • Presidential Issuances
- Additional Financing for the National Grains Authority to Support Farm Prices of PalayLetter of Instructions No. 904 • Mar 28, 1979 • Presidential Issuances
- Increased Masagana 99 Loans Ceiling and Price Support for PalayLetter of Instructions No. 228 • Nov 28, 1974 • Presidential Issuances
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- Increased Price Support for Corn, Sorghum and Soybean and Price Ceilings for White Corngrits, etc.Letter of Instructions No. 1046 • Jul 23, 1980 • Presidential Issuances
- Increasing the Support Price for Corn Grains and Fixing Ceiling Price for CornLetter of Instructions No. 165 • Feb 20, 1974 • Presidential Issuances
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