Rice importation was not the reason behind the low price of palay in Cagayan, but the local traders, Malacañang said. Palace Press Officer and Communications Undersecretary Claire Castro said that according to Department of Agriculture (DA) Secretary Francisco Tiu Laurel, the low price of palay...
Sultan Kudarat 2nd district Rep. Horacio Suansing Jr. stands at the podium on the plenary floor. (Facebook) Sultan Kudarat 2nd district Rep. Horacio Suansing Jr. is prodding the Bureau of Internal Revenue (BIR) and the Philippine Competition...
The Philippines, the world's No. 1 rice importer, would buy an even bigger volume during the current marketing year (MY) after a string of strong typhoons battered farms and slashed harvests, according to the United States Department of Agriculture (USDA). The USDA-Foreign Agricultural Service's...
President Marcos revealed that the country would have to import rice to compensate for the agricultural damages caused by the recent typhoons that hit the country in just three weeks. President Ferdinand ‘Bongbong’ Marcos Jr. (RTVM screenshot) Marcos said this as he led a situation briefing on...
The Philippines is poised to not only remain as the world's No. 1 rice importer for the third-consecutive year but also buy from abroad a new record-high 5.1 million metric tons (MT) during the current marketing period, according to the United States Department of Agriculture (USDA). The...
The Philippines is poised to be the world's top rice importer for the third-straight year as local harvest falls short, according to the United States Department of Agriculture (USDA). The USDA-Foreign Agricultural Service's (FAS) latest "Grain: World Markets and Trade" report on Oct. 11 hiked...
The Bureau of Customs (BOC) has clarified that the backlog of rice shipments at Manila ports is not due to congestion, but rather pending actions from consignees necessary for the release of these goods. According to the BOC, there are currently 258 containers of rice at the Port of Manila. Of...
The Department of Agriculture (DA) stated that President Marcos' move to lower rice import tariffs is not causing an increase in the country's rice imports. Agriculture Secretary Francisco P. Tiu Laurel Jr. said that rice importation is demand-driven, emphasizing that the Philippines would not...
The United States Department of Agriculture (USDA) reported that rice traders in the Philippines have been steadily holding onto their stocks after President Marcos’ move to lower import tariffs. In the Grain and Feed Update report dated July 9, USDA noted that rice traders who brought in their...
The Philippines is poised to retain its position as the leading global rice importer this year and the next, according to the latest forecasts from the United States Department of Agriculture (USDA). The USDA now expects that the country’s rice imports will reach up to 4.6 million metric...
Albay 2nd district Rep. Joey Salceda (PPAB) Albay 2nd district Rep. Joey Salceda says the government must put all the stops with the commodity of rice after the Philippines’ inflation rate jumped to 3.4 percent. “If the government were to be obsessed with one...
Filipinos are projected to up their rice intake this year, solidifying the country's rank as the sixth-largest consumer of this grain worldwide, the latest report from the United States Department of Agriculture (USDA) indicated. According to the USDA's Grain: World Markets and Trade report, it is...
