The Sugar Regulatory Administration (SRA) is set to roll out a new strategy aimed at ensuring stable sugar prices while supporting local farmers, with a draft order that will allow traders to secure preferential allocations for sugar imports in exchange for purchasing locally produced sugar.
The agricultural sector has sustained severe setbacks following a series of adverse weather events, with the Department of Agriculture (DA) reporting damage having surged to P307.72 million—a 354.7 percent increase from previous assessments.
The National Food Authority (NFA) needs to secure additional funding to cover the increase in the national rice buffer stock mandated under the amended Rice Tariffication Law.
The National Irrigation Administration (NIA) has announced funding for the development of three major dam projects to boost agricultural productivity in the country.
The U.S. Food and Drug Administration (FDA) has officially excluded coconuts from its classification of tree nuts, a decision expected to open up new commercial opportunities for Philippine coconut products.