The Department of Agriculture (DA) on Thursday said a buffer fund of at least P5 billion for the procurement and stockpiling of rice and other agricultural commodities for purposes of stabilizing prices should soon be operational.
The respective budgets of the Department of Agriculture (DA) and National Irrigation Administration (NIA) for 2025 successfully passed plenary deliberations at the House of Representatives, with several lawmakers pledging to further increase fund allocation to boost farm production and enhance farm incomes.
The Department of Agriculture on Tuesday lauded the Philippine Ports Authority and the Bureau of Customs for quickly taking action on imported agricultural products sitting idly for months at the Port of Manila.
Agriculture Secretary Francisco P. Tiu Laurel Jr. on Monday announced the creation of the Agricultural Cooperative Enterprise Development Services, essentially a support system designed to strengthen food security and improve farm productivity.