The country’s meat imports in the first two months increased by nearly a quarter to more than 290,000 metric tons (MT), as traders looked to strengthen inventories despite sufficient domestic output. The latest data from the Bureau of Animal Industry (BAI) showed that total meat imports from...
The country’s rice imports in the first quarter rose by nearly 37 percent to more than one million metric tons (MT) compared to a year ago, according to the Bureau of Plant Industry (BPI). The latest BPI data showed that rice imports from January to March reached 1.26 million MT, higher than the...
Rising input costs driven by the conflict in the Middle East may impact the United States’ (US) dominance in shipments of major agricultural products to the Philippines, according to the US Department of Agriculture (USDA). In a report, the USDA identified surging input costs, on the back of...
The Philippines is poised to increase its corn imports to nearly two million metric tons this marketing year as recovering livestock sector and expanding industrial demand outpace local harvests, according to the United States Department of Agriculture. In a report published last week, the USDA...
Agriculture Secretary Francisco Tiu Laurel Jr. sought to ease concerns over a potential fertilizer shortage as escalating Middle East tensions threaten global trade routes, asserting that the Philippines maintains sufficient domestic stockpiles and alternative sources to mitigate price volatility....
The Philippines is projected to increase its consumption of wheat-based products in the current marketing year (MY) to nearly seven million metric tons (MT), although rising input costs may temper growth, according to the United States Department of Agriculture (USDA). In a report, the USDA...
The United States (US) is targeting the expansion of its key agricultural exports to the Philippines as it launches a trade mission in Manila next month to unlock new agricultural opportunities. In a statement, the US Department of Agriculture (USDA) said it will lead an agribusiness trade mission...
The Philippines’ rice imports may increase to over five million metric tons (MT) in the upcoming marketing year (MY) 2026-2027 to plug the shortfall in domestic production, according to the United States Department of Agriculture (USDA). In a report, the USDA estimated that the country’s rice...
Senator Francis “Kiko” Pangilinan is pushing for more government interventions to protect farmers and fishers from the mounting economic pressures caused by the ongoing conflict in the Middle East. Pangilinan warned that escalating tensions in the region are already contributing to rising...
Senator Imee Marcos expressed concern over the use of imported rice for the government’s “P20 rice” program despite the ongoing harvest season and the absence of any declared supply shortage. Marcos said that some officials appear to be prioritizing profit over protecting the welfare of...
The Philippines has secured its largest-ever loan from the World Bank, with the Washington-based multilateral lender approving $1 billion on Friday, March 27. This funding will support the Philippines Sustainable Agricultural Transformation Project (PSAT), which will be implemented by the...
The government is now one step away from imposing a price ceiling of ₱50 per kilo on imported rice after the proposed policy received the recommendation of the interagency National Price Coordinating Council (NPCC). In a statement on Thursday, March 26, NPCC said it is adopting the Department of...
