PH set to dominate global rice imports in 2024 — USDA report

Jordeene B. Lagare 01/21/2024

MANILA, Philippines — The Philippines is expected to be the world’s leading rice importer in 2024, according to the US Department of Agriculture (USDA). The USDA projects that the Philippines will procure a record 3.8 million metric…

DA eyes SRP on rice as retail prices still over P50 per kg

Jordeene B. Lagare 01/07/2024

MANILA, Philippines — The Department of Agriculture (DA) is looking at the possibility of issuing a suggested retail price (SRP) for rice to temper price fluctuations across the country. But with global prices surging to 15-year highs…

Rice prices to remain expensive amid high global rates — DA

Jordeene B. Lagare 01/05/2024

Rice continues to be sold at over P50 per kilo since November last year, with the Department of Agriculture (DA) stating that due to global market prices remaining high at around $600 per metric ton, a significant…

500,000 MT of imported rice to bolster stocks amid El Niño

Jordeene B. Lagare, Melvin Gascon 12/28/2023

MANILA, Philippines — To address the impact of the El Niño phenomenon and boost local rice stocks during the dry spell, the Department of Agriculture (DA) announced that nearly 500,000 MT of imported rice will arrive in…

DA: More onion imports coming to stop ‘absurd’ price hike

Jordeene B. Lagare 12/02/2023

The Department of Agriculture (DA) has allowed the importation of onions to ensure enough supply and avoid a repetition of onion prices absurdly jacking up during the holiday season last year. The Bureau of Plant (BPI) in…

Compliance with rice price ceiling still low

Dexter Cabalza, Inquirer Bureaus, Jordeene B. Lagare 09/06/2023

MANILA, Philippines — Retail prices of rice in Metro Manila started to decline on Tuesday, the first day the price ceiling on the Filipino staple food took effect, according to a monitoring conducted by the Department of…

‘Egay’ damage to farms balloons to P512.9 million

Jordeene B. Lagare 07/29/2023

Agriculture damage wrought by Typhoon “Egay” (international name: “Doksuri”) has ballooned to P512.9 million as of Friday, from only P62 million previously reported even as the typhoon already exited the Philippine area of responsibility, the Department of…

Fuel prices up by P1.80 to P2.10 per liter starting July 18

Jordeene B. Lagare 07/17/2023

MANILA  – A big price hike awaits motorists as oil companies announced they are increasing their pump prices by up to P2.10 per liter effective Tuesday, July 18. In separate advisories, local oil companies said the price…

Rice prices surge as production costs rise

Jordeene B. Lagare 06/24/2023

Despite having enough rice supply, retail prices of the country’s staple food in Metro Manila have jacked up by about P2 per kilogram as farmers face increased production costs. In an interview, Agriculture Assistant Secretary Kristine Evangelista…

Swine industry shows early signs of recovery from ASF

Jordeene B. Lagare 06/23/2023

MANILA  -The Department of Agriculture (DA) is projecting local pork output to surge, noting the strides made by the swine industry despite the lingering effects of the African swine fever (ASF) outbreak. In an interview, Agriculture Undersecretary…

Small cuts in fuel prices set

Jordeene B. Lagare 06/19/2023

MANILA  -Motorists will get a slight reprieve this week as oil companies announced minimal cuts  in the prices of petroleum products effective Tuesday, June 20, 2023. Oil companies announced in separate advisories that the price of gasoline…

Onion prices on the rise again, imports eyed

Jordeene B. Lagare 05/13/2023

The Bureau of Plant Industry (BPI) is exploring ways to counter the rising retail prices of onion in the markets, including importation. Jose Diego Roxas, spokesperson for the BPI, told the Inquirer in a text message that the agency…

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