The Department of Agriculture (DA), through its state-run Food Terminal Inc. (FTI), has launched a major intervention in Occidental Mindoro, ramping up purchases of onions to stabilize farm prices and avert supply shocks.
Mega Prime Foods Inc., known for Mega Sardines, is stepping decisively beyond seafood, partnering with Thailand-based Charoen Pokphand Foods (CPF) in a move that signals a broader pivot in the Philippines’ food production strategy.
The National Price Coordinating Council NPCC has endorsed the imposition of a P50 per kilo price ceiling on imported rice as surging global oil prices driven by ongoing geopolitical tensions in the Middle East continue to push up food costs in the Philippines.
Agriculture Secretary Francisco P. Tiu Laurel Jr. said that the Department of Energy (DOE) has assured him that farmers and fisherfolk are allowed to buy petroleum products in portable containers, as long as they comply with rules designed to prevent hoarding and ensure equitable fuel distribution during the national energy emergency.