Revenue collection from tariffs on imported rice exceeded the minimum funding requirement for the Rice Competitiveness Enhancement Fund (RCEF) in the first eight-months of the year, the Department of Finance (DOF) said. Palay In a statement, the DOF said the Bureau of Customs collected P11.69...
Farmers are seeking a Senate probe on the rising cost of fertilizer despite the supposed government interventions to bring down farm inputs in the country through the Rice Competitiveness Enhancement Fund (RCEF). (Keith Bacongco/ File photo/ MANILA BULLETIN) In a statement, Kilusang Magbubukid ng...
The House Committees on Agriculture and Food and on Appropriations on Wednesday, May 26, have approved the measure that authorizes the Department of Agriculture (DA) to use the annual tariff revenues in excess of P10-billion as cash assistance to rice farmers until 2024. House Agriculture Committee...
Philippine Center for Postharvest Development and Mechanization (PHilMech) is confident that with the government’s mechanization efforts, the production cost of palay will go down by more than 20 percent but by the end of 2024 yet. Photo by Timur Kozmenko on Unsplash Philmech Director for Applied...
The senate proposal to use excess rice tariff collections exclusively for cash aid for farmers may be discriminatory to some farmers, a top official from the Federation of Free Farmers (FFF) said. In a statement, FFF National Manager Raul Montemayor said the proposal, which is contained in...
State-run Land Bank of the Philippines (LandBank) committed to support more farmers' groups after extending a total of P20.86 billion in outstanding loans to as many as 1,081 cooperatives and farmers’ associations as of end-August. LandBank President and CEO Cecilia C. Borromeo In a statement,...
