Increasing the Support Price for Palay ( Letter of Instructions No. 127 )

September 13, 1973

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