Department of Agriculture (DA) Secretary Francisco Tiu Laurel said the upcoming 60-day suspension on rice imports could be shortened or extended, depending on potential market shifts. In a statement, Tiu Laurel said the government will closely monitor price movements and the outcome of the harvest...
The United States Department of Agriculture (USDA) has downgraded its projection of the Philippines’ rice imports this year by 500,000 metric tons (MT) due to the 60-day import ban that will come into effect beginning next month. In its report on the global grains trade, the USDA’s Foreign...
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, 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...
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...
The amount of rice brought into the country reached 322,770 metric tons in February this year, higher by 109 percent compared to last year, the Philippine Statistics Authority (PSA) said. Based on the PSA report, the value of rice brought into the country reached $160.09 million during the month....
The country’s rice inventory significantly declined a quarter in December, but the government assured sufficient supply that will last until the next harvest season. A report from the Philippine Statistics Authority showed that the rice stock dropped 25 percent to 1.90 million metric tons (MT)...
The Indian government has awarded to the Philippines its “highest allocation of rice export,” its embassy in Manila said on Wednesday, Oct. 18. (Photo from Indian Ambassador Shambhu Kumaran's X page) In an email to the Manila Bulletin, Indian Embassy’s Press, Information and Culture (PIC)...
The Inter-Agency Committee on Inflation and Market Outlook (IAC-IMO) has proposed the extension of lower tariff rates on essential commodities until Dec. 31, 2024, the National Economic and Development Authority (NEDA). NEDA Secretary Arsenio M. Balisacan said that the committee's recommendation...
As Christmas approaches, President Ferdinand "Bongbong" Marcos Jr. assured the public that the country has enough rice supply for the Holiday season as he inspected a warehouse of the National Food Authority (NFA) in Valenzuela on Saturday, December 17. President Ferdinand 'Bongbong' Marcos Jr....
