The government will not extend the 60-day suspension of rice imports, which forms part of an ongoing effort to address challenges faced by farmers, once the deadline expires in October. Finance Secretary Ralph Recto said on Monday, Aug. 11, that the import pause will unlikely be extended given that...
President Marcos has ordered a 60-day suspension of all rice importation starting Sept. 1 to shield local farmers from falling palay prices during the ongoing harvest season, the Presidential Communications Office (PCO) announced. The President announced the move after consultations with key...
Malacañang disclosed that the Department of Agriculture (DA) has recommended to increase tariffs on imported rice and to temporarily halt rice importation. Presidential Communications Office (PCO) Secretary Dave Gomez said this on Monday, Aug. 4, saying it aims to protect Filipino farmers. He...
The Philippines is expected to import less wheat in the upcoming market year as demand for animal feed weakens, reversing an initial forecast of increased uptake, according to the United States Department of Agriculture (USDA). In its “Grain: World Markets and Trade report, the USDA’s Foreign...
A total of eight countries are seeking the Department of Agriculture’s (DA) accreditation to export meat products to the Philippines, as the country moves to raise the supply of the commodity still reeling from African swine fever (ASF). Agriculture Undersecretary for Livestock Constante...
The Philippines, the world ’s top rice importer, is expected to purchase a record-high volume of rice in the upcoming marketing year (MY), as the country sees continued growth in consumption, according to the United States Department of Agriculture (USDA). In its latest “Grain: World Markets...
Department of Agriculture (DA) Secretary Francisco Tiu Laurel said he is open to shifting the importation of key agricultural goods to the United States (US) from other countries, as part of the government’s strategy to reduce the reciprocal tariffs imposed on Philippine goods. A delegation of...
Chinese imports to the Philippines and Philippine exports to the United States (US) surged in the first quarter, amid escalating trade tensions between Washington and Beijing that threaten to disrupt the global economy. The latest preliminary Philippine Statistics Authority (PSA) data on Wednesday,...
Net importing countries like the Philippines should brace for a barrage of Chinese goods as China seeks alternative markets to the United States (US) amid intensifying trade tensions between the two economic giants, according to the think tank Capital Economics. In an April 15 report, Capital...
Brazil, the world’s leading meat exporter, is expected to significantly boost its export market this year due to rising demand from key trading partners, including the Philippines, which is battling the spread of animal diseases in its domestic production. In a report, the United States...
The Philippines increased its meat imports by 33 percent as of the end of February, as traders ramped up purchases amid the continued spread of animal diseases affecting domestic production. Based on the latest data from the Bureau of Animal Industry (BAI), meat purchases abroad from January...
The Philippines is expected to see a decline in rice imports in the upcoming marketing year due to a projected increase in rice production, according to the United States Department of Agriculture (USDA). In a report dated March 28, the USDA’s Foreign Agricultural Service (FAS) in Manila...
