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[ LETTER OF INSTRUCTIONS NO. 165, February 20, 1974 ]
| 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 P.5O/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 corn grits and corn by-products as follows:
Corn grits at P1.45 per kilo
Tiktik (Mesh No. 22) at P0.70 per kilo
Tahop (Corn Bran) at P.-15 per kilo
White corn grain at P.80 per kilo
Tiktik (Mesh No. 22) at P0.70 per kilo
Tahop (Corn Bran) at P.-15 per kilo
White corn grain 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
(Sgd.) FERDINAND E. MARCOS
President
Republic of the Philippine
President
Republic of the Philippine