FILIPINOS will grapple with more expensive rice in the coming months as the price of the staple could increase by as much as P6 per kilogram due to higher production costs both locally and internationally. Agriculture Undersecretary for Policy, Planning and Research Fermin D. Adriano said the price of locally-produced…
The Philippines could retain its status as the world’s second largest buyer of rice for the fourth consecutive year in 2023, when total import volume is projected to reach 3 million metric tons (MMT). In its monthly global grain report, the United States Department of Agriculture (USDA) said the Philippines’s…
THE Philippines’s total coconut oil (CNO) exports this year could breach the $1.5-billion mark the second highest on export value record as exporters benefit from higher demand and rising prices of the commodity due to a shortfall in global vegetable oil supply. The increase in the export receipt of the country’s prized…
SAYING the government’s resort to tariff tweaks to fight inflation will not help the economy or give consumers relief, hog and corn farmers are opposing the plan to issue new executive orders that would lower corn tariffs and extend the reduced tariffs on pork. They said they will appeal to…
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