Agriculture
Vietnam rice price fall below $400/MT
Global rice prices continued their downward trend, with the cost of 5 percent broken rice from Vietnam—the variety primarily imported by the Philippines—dropping below USD400 per metric ton.
DA approves onion imports to prevent price spikes
Agriculture Secretary Francisco P. Tiu Laurel Jr. confirmed on Thursday the approval of onion imports to safeguard against potential price hikes.
Rice price deflation brings relief to consumers
The Department of Agriculture (DA) on Wednesday expressed optimism that the deflation in rice prices seen in January will continue, thanks to strategic measures the government has taken to stabilize the cost of the staple.
PhilRice verifying AWD benefits vs traditional irrigation
The Philippine Rice Research Institute (PhilRice), together with Japan's Sagri Co. Ltd. and the National Irrigation Administration (NIA), are piloting a smart agriculture program aimed at cutting methane emissions in rice farming.
DA cuts MSRP on imported rice to P55/kilo from Feb. 5
The Department of Agriculture will reduce on Wednesday, February 5, the maximum suggested retail price of imported rice to P55 per kilo, providing much-needed relief to consumers struggling with the high cost of the food staple. The MSRP was previously set at P58 per kilo.
