The National Food Authority (NFA) on Monday announced a P10 billion modernization initiative aimed at enhancing the country's rice storage and milling capabilities. The program, funded via government allocation, seeks to increase storage capacity, improve rice milling processes, and support farmer profitability.
The Samahang Industriya ng Agrikultura (Sinag) has asked the Tariff Commission (TC) to revert rice tariffs to 35 percent for ASEAN imports and 50 percent for non-ASEAN imports, arguing the reduced tariffs rates have instead adversely impacted both consumers and local farmers.
Agriculture Secretary Francisco P. Tiu Laurel Jr. recently led a delegation to Thailand to explore the country’s advanced farming practices and discuss potential trade and investment opportunities in the agriculture sector.
The Bureau of Customs (BOC) is preparing to file economic sabotage charges against the importer behind the recently seized P202-million worth of misdeclared frozen mackerel at the Port of Manila.
The Department of Agriculture (DA) will implement a maximum suggested retail price (MSRP) for pork in wet markets across the National Capital Region starting 10 March. The new price cap will set pork liempo at P380 per kilogram, kasim and pigue at P350 per kilogram, and "sabit ulo" (the price traders pass to retailers) at P300 per kilogram.