Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails.・Read the official text ↗
Pricing Policy.
SEC. 8. Pricing Policy.—The primacy of market forces in the determination of input and output prices for agricultural products shall prevail; Provided, However, That in order to ensure price and supply stability, the Ministry may recommend to the President appropriate intervention measures if so warranted by conditions as may exist from time to time. Sub-Chapter B.—Marketing Incentives
Establishment of Price and/or Market Information System.
SEC. 9. Establishment of Price and/or Market Information System. —The Ministry shall establish an effective nationwide price information system, with small farmers and farmers' cooperatives as primary clientele, in order that producers may avail of updated information on existing market prices of agricultural commodities during a specified time period. In like manner, the Ministry of Agriculture and Food, in coordination with the Ministry of Trade and Industry shall also set up a nationwide information system to ensure an even flow of agricultural produce and also identify non-traditional markets, both domestic and foreign, for the benefit of small farmers and farmers' cooperatives.
Establishment of Trading Post and/or Centers in Major Agricultural Producing Areas.
SEC. 10. Establishment of Trading Post and/or Centers in Major Agricultural Producing Areas. —Government shall encourage the establishment of trading posts and/or centers and processing plants by cooperatives in major agricultural production areas to minimize losses due to spoilage and avoid or present rush sales that usually lead1 to unprofitable farm prices.
Provisions on this page are reproduced verbatim from official open data. See the attribution line.
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).