Because of the entry of smuggled rice into the country, rice millers from three northern Luzon provinces said they would not be able to buy palay from local farmers in the next harvest as their warehouses are still full and they do not have money to buy additional stocks.
Casiguran town in Aurora stands to lose an annual average of 5,000 metric tons of palay and 12.4 million coconuts should the national government allow the Aurora Pacific Economic Zone and Freeport (Apeco) to proceed there, the Task Force Anti-Apeco (TFAA) said on Sunday.
The Kilusang Magbubukid ng Pilipinas (KMP) has rejected the government’s proposal to increase its buying price for unmilled rice or palay by 70 centavos to P1, describing it as “crumbs.”
The National Food Authority (NFA) has announced it would not target of buying 500,000 metric tons of unmilled rice from local farmers this year due to budget constraints. NFA Administrator Angelito Banayo said it was likely the agency would only be able to buy 270,000 metric tons of palay under its domestic procurement program for [...]
Record palay and corn harvests fueled the growth of Philippine agriculture by 5.48 percent in the first half of the year, reversing the sector’s negative performance in the same period last year, the Department of Agriculture (DA) said on Tuesday. The agriculture sector’s recovery was good news considering its dismal performance in the first half [...]
