Farmers are seeking the intervention of lawmakers for the declining prices of palay, which was triggered by several factors including the National Food Authority’s (NFA) limited capacity to procure rice as well as traders’ decision to delay their purchase in anticipation of more imported rice...
Members of the Philippine Association of Feed Millers Inc. (PAFMI), the largest group of feed millers in the Philippines, has intensified its local corn buying, so far purchasing 133,500 metric tons (MT) of the staple during the peak harvest season. Photo by Milada Vigerova on Unsplash. The local...
The Philippine government is looking at financial rehabilitation of Northern Foods Corporation (NFC), a struggling government-owned tomato processing firm established during the administration of President Ferdinand Marcos, to make it...
Rich Filipinos were eating way less beef during the pandemic, resulting in significantly lower production nationwide, as the prolonged lockdowns forced restaurant to temporarily shutdown operations. Photo credit: ( Photographer: Daniel Acker/Bloomberg file) The latest Global Agricultural...
From its original request of a P280-billion annual budget for next year, the Department of Agriculture (DA) may only end up with P129 billion for 2021, already including the portion of the stimulus package it has been requesting supposedly for this year. Agriculture Secretary William Dar...
The Bureau of Customs (BoC) was told to speed up its audit of rice import transactions in 2019, as well as the collection of unpaid tariffs and penalties from erring importers, so it could look into more recent cases of undervaluation in rice importation. This was after the agency reported that it...
While the decline in the country’s pork production is already a given amid the persistence of African Swine Fever (ASF), the US Department of Agriculture (USDA) released a surprising outlook on the Philippines’ chicken production, which it said might go down despite the assurance of the...
Exporters and labor groups yesterday scored the Duterte administration on the way they’re handling the Generalized System of Preferences (GSP) Plus issue with the EU stressing the offensive statements will not do the country good especially to roughly 600,000 workers who will be affected if the...
Both the farmgate and retail prices of the country’s main staple food palay and corn are on a downtrend, which is bad news for farmers but good news for consumers. Latest data from the Philippine Statistics Authority (PSA) showed that farmgate price of palay fell further during the first week of...
Banana, one of the biggest agricultural export commodities of the country, is now causing problems at the Department of Agriculture (DA), with Agriculture Secretary William Dar starting to seriously worry about something local exporters raised three months ago: “we’re losing our market...
About P400 million budget will be set aside for the Philippine government’s program to encourage Filipino households to plant their own food program, the Department of Agriculture (DA) said. In a statement, the DA said it is allotting P400 million under the “Bayanihan to Recover As One Act”...
Mindanao is planning to restrict the entry of imported agricultural products, including rice, as one of the strategies to restart the region’s economy during the pandemic. Mindanao Development Authority (MinDA) Chair Emmanuel Piñol (MARK...
