BEYOND ELLIPTICALBy Rose Marie de la Cruz I don’t blame AgriSpecialist Inc., a legitimate and massive investor in a biofertilizer plant, a cheap but technically and scientifically- tested product, for looking to export its product to the Vietnam, Thailand, Indonesia and other markets for its field-vetted soil rejuvenator in view of decades long use of urea and other fossil-fuel based chemical …
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The Department of Agriculture (DA) is finalizing the minimum access volume (MAV) quota for pork imports this month of 55,000 metric tons amid pressure from meat importers and traders. DA Secretary Francisco Tiu Laurel said of the 55,000 MT around 30,000 MT would be allocated to meat processors and 10,000 MT will be “equally distributed” to meat traders, he told …
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Chicken from four states of the United States were temporarily banned from being imported here because of confirmed avian flu outbreaks. Agriculture Secretary Francisco Tiu Laurel Jr. issued Memorandum Order (MO) 11 banning such imports of domestic and wild birds, including their products such as poultry meat, day-old chicks, eggs, and semen from the states of Illinois, Minnesota, Ohio, and Wisconsin. …
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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 …
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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 …
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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 …
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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. …
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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 …
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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 …
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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), …
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The Market Monitor Minding the Nation's Business