The Confederation of Sugar Producers Associations (Confed) is urging the government to consider importing sugar fewer than the planned 450,000 metric tons (MT) as two-month buffer stock.
The total abaca production in 2022 dropped 5.7 percent to 63,640.61 metric tons (MT) from 2021 when this aggregated 67,488.11 MT, according to the Philippine Fiber Industry Development Authority (PhilFIDA).
The local cold chain storage industry is seen growing by as much as 10 percent this year, according to the Cold Chain Association of the Philippines (CCAP).
The Philippine Center for Postharvest Development and Mechanization (PhilMech) distributed last week a total P107.747 million worth of various farm machines at no cost to 59 qualified farmer cooperatives and associations (FCAs) in Nueva Ecija province.