Agriculture
DA seeks NFA power to buy milled grain
The Department of Agriculture (DA) is urging Congress to restore the National Food Authority’s (NFA) mandate to purchase milled rice and corn directly from local producers as part of proposed amendments to the Rice Tariffication Law (RTL).
World Bank funds US$70M climate-linked risk mitigation program for farmers
The World Bank is backing a five-year, USD70 million initiative to create a co-insurance pool that will cushion Philippine agriculture from escalating climate-related risks.
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).
