Agriculture
Weather phenomenon wrought damage worth P64 million
The convergence of cold northeasterly winds from temperate countries up north with the warm easterlies of the Pacific have brought thunderstorms to farm areas in the Philippines that damaged crops worth an estimate P64.07 million, the Disaster Risk Reduction and Management Operations Center of the Department of Agriculture (DA) said.
Onion import ban could last beyond May – Laurel
The Department of Agriculture (DA) on Sunday reiterated the likelihood for the onion import ban to last beyond May or even June as part of measures helping shield onion growers from unreasonable farm gate prices and the destruction of their crops.
DA orders temporary suspension of onion imports
Agriculture Secretary Francisco Tiu Laurel, Jr. has ordered a temporary halt to onion imports until May--possibly extending the suspension through July-- if domestic harvest of the high value crop remains sufficient to meet local demand.
Buoyant Q4 palay prices make for happy farmers at diners’ expense – PSA data
The price of palay or unhusked rice per kilo in the final three months of 2023 averaged P21.81, a 6.4 percent increase from third-quarter prices and 25 percent more than the year-earlier period.
Waning supplies prop up India rates to 4-month peak, Thai prices rise
Reuters - Prices of parboiled rice exported from top hub India jumped to their highest level in four months this week, while strong demand and shrinking supplies supported rates for the Thai variety.
