President Ferdinand Marcos Jr. on Wednesday announced the lifting of price caps on rice 29 days after first imposing the measure covering both the regular milled and well-milled staple.
The Department of Environment and Natural Resources (DENR) is undertaking a series of initiatives to formalize small-scale mining operations and recognize its role in the industry.
An interagency committee has laid the predicate—declining prices and increasing supply--for President Ferdinand Marcos Jr. to lift the price cap on rice he implemented last month to curb inflation and buy time to go after grain smuggler and hoarders.
Schmidt Agricola is a large agricultural company producing soybeans, corn and cotton in Bahia, Brazil, one of the country's new-frontier agricultural areas fit for large-scale, high-tech farming. It recently added a new crop to its fields: cocoa.
The loss of a sizable area planted to sugar and weather-related events that include the impact of the El Nino phenomenon should tell on the country's production of sugar in the current crop year when an estimated 5 percent drop in sugar production is anticipated.