THE country’s coconut oil mills have agreed to buy copra directly from farmers at P24 per kilogram (kg) to boost farm-gate prices, according to the Department of Agriculture (DA).
Agriculture Secretary Emmanuel F. Piol said the DA and oil mills reached an agreement to set the buying price during a dialogue held on December 12.
The dialogue was aimed at finding solutions to prop up the mill-gate price of copra, which has fallen below break-even levels.
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