The Philippine Coconut Authority (PCA) and the National Commission on Indigenous Peoples (NCIP) have signed a memorandum of agreement (MOA) aimed at enhancing the livelihood of indigenous coconut farmers. The collaboration will focus on improving the socio-economic conditions of indigenous cultural communities (ICCs) and indigenous peoples (IPs) involved in coconut farming.
Palay prices saw a sharp decline in January as global rice prices continued to ease, driven by increased supply and an expected boost in harvests this year due to improved weather conditions.
The Department of Agriculture (DA) has issued a temporary ban on the importation of animal products from Germany. This action follows a report from Germany’s Directorate of Animal Health, confirming cases of the foot-and-mouth disease in domestic buffaloes in Brandenburg.
In a bid to ensure more efficient use of taxpayer money, Agriculture Secretary Francisco Tiu Laurel Jr. announced the agency's new focus on projects that offer an internal rate of return (IRR) of 12 to 14 percent per year and a payback period of no more than seven years. This approach to budgeting and operations marks a shift towards prioritizing investments that are both bankable and profitable, with non-investment-grade projects to be deprioritized, regardless of their agricultural viability.