Agriculture
Lower rice prices cushion poor as inflation rises in August
Lower rice prices and easing costs of meat, poultry, and fruits—tempered by interventions of the Department of Agriculture as directed by President Ferdinand Marcos Jr.--continued to shield the country’s most vulnerable households from the full impact of rising consumer prices in August, even as headline inflation picked up pace.
DA rolls out P20 rice program in Bien Unido, Bohol
President Ferdinand Marcos Jr. led the official launch in this town today of his flagship food program, “Benteng Bigas, Meron Na!”, an initiative that makes the P20-per-kilo rice available to thousands of qualified beneficiaries. This flagship initiative of President Marcos carried out by the Department of Agriculture is a key step toward delivering affordable food to every Filipino household.
August rice stocks up, corn lower—PSA
The Philippines’ total rice inventory at the start of August was estimated at 2.32 million metric tons, up 25 percent compared to the 1.86 million metric tons recorded in the same period last year, according to the Philippine Statistics Authority (PSA).
FMR Equity Act could cut 36,000-KM road backlog, DA says
The Department of Agriculture (DA) is urging Congress to pass the proposed Farm-to-Market Roads (FMR) Development and Equity Act, aimed at addressing a 36,000-kilometer backlog in rural road infrastructure.
DA bracing for criticisms ahead of NFA auction
Agriculture Secretary Francisco P. Tiu Laurel Jr. is steeling himself for a political firestorm—and a social media onslaught—as the National Food Authority (NFA) prepares to auction off up to 60,000 metric tons of aging rice stocks.
