Agriculture
DA files charges vs onion importer for violating safety regulations
The Department of Agriculture (DA) has filed a formal complaint against JRA and Pearl Enterprises Inc. for illegally importing 25 metric tons of fresh yellow onions from China, violating food safety and plant quarantine regulations.
Lower rice, tomato prices may slow inflation in March
Lower food prices in February contributed to a drop in inflation to 2.1 percent for the month. This was slower than both central bank and market forecasts, and marked a significant decline from 2.9 percent in January.
DA threatens interventions to force dismal pork MSRP compliance higher
The Department of Agriculture (DA) is considering reconvening with local pork stakeholders as it grapples with low compliance rates following the implementation of the maximum suggested retail price (MSRP) for pork in the National Capital Region’s wet markets.
Meat imports surge 50% in January even as domestic price skyrockets
The Philippines reported a sharp 50 percent increase in meat imports in January from a year earlier, according to the Bureau of Animal Industry (BAI).
MSRP initially assessed as successful
The Department of Agriculture (DA) has successfully implemented a maximum suggested retail price (MSRP) for imported rice, leading to a notable reduction in prices and providing relief to Filipino consumers. The policy, introduced in early February, has resulted in a significant drop in rice prices without causing major disruptions to the rice industry.
