The Land Bank of the Philippines (LANDBANK) continues to intensify its support to advance growth in the countryside, with outstanding loans to the entire agricultural value chain surging to P755.1 billion as of end-December 2023. The Bank expanded its loans to agriculture and rural development by 23% from P614.8 billion in the third quarter, driven by strategic financing for agriculture …
Read More »
To help farmers market their produce, the Department of AGriculture in Region 2 together with the Cagayan Seed Producers Multipurpose Cooperative (CSPMPC) launched recently a Kadiwa store in Tuguegaro City in San Gabriel Village. The store will expand the market reach of farmers’ produce in the region and provide consumers another venue to buy cheaper agricultural products from this outlet. …
Read More »
The 0.4 percent growth of the agriculture sector in 2023 was driven mainly by rice, poultry and the livestock sector, according to data released by the Philippine Statistics Authority on January 31. The value of agriculture and fisheries production rose to P1.76 trillion versus its level in 2022 of P1.757 trillion. For the last quarter of 2023, the value of …
Read More »
El Niño may have brought the threat of dry spells and water scarcity, but farmers’ rather than succumbing to adversity have embraced the challenge as an opportunity by trying to learn new techniques and innovative practices to combat El Nino’s effects while getting additional income. By practicing a water-saving technology called Alternate Wetting and Drying (AWD), farmers in Gabaldon, Science …
Read More »
By Rose de la Cruz (with reports from DA-AFID) To address the perennial boom and bust cycles in food supplies, the Department of Agriculture plans to build more cold storage facilities at the Food Terminal Inc. in Taguig, which had been originally built for such purpose but had been converted into industrial estate in recent decades with the emasculation of …
Read More »
Of the 2.38 million rice farmers tilling two hectares and below targeted to benefit from the Rice Farmers Financial Assistance (RFFA) Program, an initial 44,719 farmers have availed of the P5,000 unconditional cash grant between December 20 and 27 with the highest availment coming from the Cordillera Autonomous Region at 4251 farmers. Mandated under Republic Act (RA) No 11598, or the …
Read More »
The Department of Agriculture lauded the active participation of its 1,887 partners in the Kadiwa program as well as local governments that have enjoined farmers in the Kadiwa program, thus expanding their market access. In a program last December 19, Agriculture Secretary Francisco Tiu Laurel Jr. acknowledged the sacrifice and hard work of long-time partners of the DA Kadiwa Program …
Read More »
Call him blessed but James Penaflorida Amparo journey into a full-blown agri enterprises has had a lot of pitfalls and risks that no businessman in his right mind would trod. But he did. James began his company– the Yovel East AgriVentures– in 2014 as a research and development firm that tried different farming technologies to improve the farmers’ access to …
Read More »
Agriculture Secretary Francisco Tiu Laurel, Jr. enjoined DA employees to stay focused on the goal of ensuring food security in 2024 as the country faces the challenges of El Niño, global price hikes and supply shocks. He led the department’s annual Christmas celebration and expressed confidence that a united and determined DA could foster greater food production in spite of …
Read More »
In an article that appeared at the Department of Agriculture last December 15, a beaming 43-year-old cancer survivor, Mylin V. Tayapad gratefully accepted with a mix od joy and disbelief the national award of the DA’s Search for Outstanding Rural Women 2023. The mother of six hails from Lagonglong, Misamis Oriental, where she cultivates a two-hectare land using organic and eco-friendly …
Read More »
The Market Monitor Minding the Nation's Business