Given more than enough budget, the National Food Authority wants to buy from 545,000 metric tons to 870,000 metric tons of palay from local farmers, at competitive rates for 2025. Last year, the NFA Council raised the palay procurement price range to P23-P30 per kilo for clean and dry rice; and P17 per kilo for wet palay. Previously, palay buying …
Read More »Agriculture
SRA streamlines procedures for importing sweeteners
The Sugar Regulatory Administration is revising its import rules for sugar alternatives to reduce red tape– a common complaint of industry stakeholders– to be later augmented by the use of an online portal for better access to import data, supply and other relevant information. The streamlining stemmed from consultations with users, which surfaced concerns over bureaucratic inefficiencies and the lobby …
Read More »Stopping the freefall of raw sugar prices
BEYOND ELLIPTICALBy Rose Marie de la Cruz It is a nice and wise move for the Sugar Regulatory Administration to repeat the voluntary purchase program (VPP) for raw sugar– or siphoning off a substantial volume of the sweetener from the local market–to prevent the freefall of raw sugar prices prior to the peak milling season. First adopted in the crop …
Read More »Dairy collaboration with France to increase Phl’s milk sufficiency rate
The National Dairy Administration (NDA) aims to raise the country’s milk sufficiency rate from the current 1.66% to 5% by 2028 through international collaboration and potential funding from France’s government and private sector. The Philippines and France recently signed an agreement to boost dairy sector cooperation, with an ongoing feasibility study assessing the viability of a large-scale milk production project. …
Read More »DA eyes rice tariff adjustment as prices fluctuate
Agriculture Secretary Francisco Tiu Laurel Jr. has indicated that he would recommend increasing tariffs on imported rice if retail prices rise to between P42 and P45 per kilogram. “It can be from 15 [percent] to 20 or 15 to 25 or full 35 depending on the situation and after consultations with all stakeholders,” he stated. Executive Order (EO) 62, which …
Read More »Swiss firm to explore coco fiberboard plant in Phl
A Switzerland-based company has engaged in discussions with the Philippine Coconut Authority (PCA) to explore the possibility of establishing a manufacturing plant for coconut husk-based medium-density fiberboard (MDF) in the country. Swiss firm Naturloop AG, known for producing cocoboard, a 100% bio-based MDF made from coconut husks, is considering local production to streamline costs and enhance supply chain efficiency. The …
Read More »Bukidnon is tops in farm output—PSA
The Philippine Statistics Authority (PSA) has identified Bukidnon as the country’s top contributor to the agriculture, forestry, and fishing sector in 2023, accounting for 7 percent of the national gross value added (GVA). Nueva Ecija followed with a 4.6 percent share, while Pangasinan ranked third at 3.8 percent. Also making it to the top 10 contributors were Pampanga (3.7 percent), …
Read More »High-tech deception
The digital age has changed how people get into romantic relationships, opening the door to a new breed of deception—AI-powered love scams. Fraudsters now leverage artificial intelligence to create convincing fake identities, using deepfake images, voice cloning, and AI-driven conversations to manipulate victims into emotional and financial entanglements. Unlike traditional scams, AI-enhanced fraud is more sophisticated and harder to detect. …
Read More »Parched farmlands due to NIA’s P2-B irrigation blunders
BEYOND ELLIPTICALBy Rose Marie de la Cruz Vast tracts of farmlands in the country have become parched from the blunders of the National Irrigation Authority to service water through its national systems, which had cost the government P2 billion of wasted investments. The Commission on Authority last February 1 released its report recommending that contracts be rescinded, bonds forfeited, court …
Read More »AgriSpecialists Inc, gets permit for its BioN biofertilizer
By Rose de la Cruz The AgriSpecialists Inc. (ASI) can now sell and distribute its BioN biofertilizers for use in rice and all other crops. The announcement came after the Laguna-based company finally secured its certificate of product registration (CPR) from the Fertilizer and Pesticides Authority (FPA) allowing it “to sell and distribute its Bio N biofertilizer.” FPA Executive Director …
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The Market Monitor Minding the Nation's Business