Agriculture
US food giants target Philippines convenience boom
US food manufacturers are moving to capture a bigger slice of the Philippines’ fast-growing convenience meals market, as demand for easy-to-prepare food products accelerates alongside changing consumer lifestyles.
DA, NFA secure milling services in Bicol to boost palay purchases, food security
The Department of Agriculture (DA) and National Food Authority (NFA) have contracted six rice millers in Albay and Sorsogon to process over 114,000 bags of palay into roughly 74,600 bags of rice. Worth P19.1 million, the project aims to expand government rice reserves, free warehouse space, and support the low-cost rice program amid rising inflation.
NTA aasures purchase of all tobacco leaf harvests despite oversupply
The National Tobacco Administration (NTA) confirmed it has secured commitments from traders and manufacturers to buy all flue-cured Virginia (FCV) tobacco produced this season in the Ilocos Region and Abra, even though supply is well above demand.
NFA taps rice mills to boost Mindanao palay output
The National Food Authority (NFA) has partnered with 15 rice mills in Soccsksargen under an emergency program to strengthen food security and free up warehouse space to buy palay from about 1,100 farmers in Central Mindanao, the Department of Agriculture (DA) announced Tuesday.
British Chamber backs pork import reforms, lower tariffs
The British Chamber of Commerce of the Philippines said the government’s decision to maintain lower tariffs on pork imports and revisit the Minimum Access Volume (MAV) system could strengthen agricultural trade between the United Kingdom and the Philippines while helping stabilize domestic food prices.
