Category: Agriculture
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Rising prices of animal feed ingredients to push meat prices higher
Filipinos can expect higher meat prices as the cost of animal feed ingredients, primarily corn and soybean, has been on an uptrend worldwide.
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LANDBANK lends P237.62B to agri sector in 2020
The Land Bank of the Philippines’ (LANDBANK) agricultural loans grew from P236.31 billion in 2019 to P237.62 billion in 2020, more than half of which were given to small, medium, and large agribusinesses.
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EU to replace PH as world’s top rice importer
The European Union may steal the Philippines’ title as the biggest rice importer in the world this year as the Southeast Asian nation is bent on achieving higher local palay production amid stricter import permit issuance.
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Inflation rises to 3.3% in November
The rate of increase in consumer prices in November quickened to its fastest pace in nearly two years due to recent typhoons as well as government restrictions on public transport, the National Economic and Development Authority (NEDA) said.