Agriculture
DA lists factors favoring lifting of rice price cap
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.
Farmers plant more cocoa outside Africa as prices rally
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.
Diminished farm size, El Nino seen cutting 2023 sugar production by 5%
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.
Consumers appear willing to buy rice bran-enriched food–study
Agriculture Usually treated as waste in rice milling and consigned mainly as animal feed, rice bran--after fermentation--offers itself as a nutritious food additive that could benefit not only consumers but provide an income boost to farmers.
Palm oil prices seen rising in 2024 as El Nino crimps Indonesian output- GAPKI
Crude palm oil (CPO) prices in 2024 are likely to average at least 11 percent more than this year as El Nino weather patterns are expected to reduce output in top producer Indonesia, the Indonesian Palm Oil Association (GAPKI) said on Thursday.
