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LETTER OF INSTRUCTIONS
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LETTER OF INSTRUCTIONS NO. 165
TO
: 1. The Secretary
Department of
Agriculture and Natural Resources
Quezon City
2. The Administrator
National Grains
Authority
Quezon City
3. The Secretary
Department of
National Defense
Manila
In view of the accruing corn harvests and the need to support farm prices at a level that will enable farmers to make a profit and repay their obligations, as well as to effectively cope with the rising costs of fertilizer and other prime commodities, you are hereby directed to increase the support price for corn-grains from P0.50/kilo or P25.00/50 kilo cavan to P.62/ kilo or P31.00/cavan ex-farm.
Corollary to the above, you are further directed to impose the following ceiling for prices of corngrits and corn by-products as follows:
Corngrits at P1.45 per kilo Tiktik (Mesh No. 22) at P0.70 per kilo Tahop (Corn Bran) at P.45 per kilo White Corngrain at P.80 per kilo
The Secretary of Agriculture and Natural Resources and the Administrator of the National Grains Authority are hereby further directed to ensure that the procurement mechanism implements these new support prices to the farmers.
The military is likewise, enjoined to assist the above-mentioned offices, whenever called upon, to implement this directive.
Done in the City of Manila, this 20th day of February, in the year of Our Lord, nineteen hundred and seventy-four.
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Since 19.07.98.
