Foregone income attributed to the oil spill in Bataan is estimated to have climbed to P78.69 million, according to the Department of Agriculture’s (DA) Disaster Risk Reduction and Management Operations Center.
The agriculture sector has demonstrated resilience bolstered by strategic interventions from the Department of Agriculture in the face of challenges posed by the adverse impact of El Nino on crop harvest and the stubborn African Swine Fever on hog production, particularly during the second quarter.
The Department of Agriculture (DA) is preparing an emergency procurement of African swine fever (ASF) vaccines to help contain an outbreak of the disease in Batangas.
The Department of Agriculture is reviewing the Masagana Rice Industry Development Program to significantly enhance domestic rice production and meet self-sufficiency goals, increase farmer incomes, lower consumer prices, and enable the Philippines to export rice again.
Ares Merchants Philippines Inc. (AMPI), a leading supplier of vegetable oils in the Philippines, targets to export $2.768 billion worth of coconut oil over 10 years from 2025 to 2035.