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PH rice stocks down in June

DESPITE recent rice imports aimed at boosting domestic stocks, the country’s total rice inventory stood at 2.36 million metric tons (MMT) in June, lower than the volume recorded a year ago and in May, the Philippine Statistics Authority (PSA) said. In its latest “Rice and Corn Stocks Inventory” report, the state-run statistics agency said the [...] The post PH rice stocks down in June appeared first on The Manila Times Online......»»

Category: newsSource: manilatimes_net manilatimes_netJul 12th, 2018

Rice stocks down in June

MANILA, Philippines - The country’s rice inventory declined 20 percent to 2.6 million metric tons (MT) in June, the Philippine Statistics Authority reported......»»

Category: financeSource:  philstarRelated NewsJul 15th, 2017

Rice stocks up in November 2018

For the first time this year, the country’s rice inventory surpassed year-ago levels, inching up by nearly two percent in November while month-on-month stocks almost doubled, the Philippine Statistics Authority (PSA) said......»»

Category: financeSource:  philstarRelated NewsDec 12th, 2018

Villar: Without RICE Fund, farmers will lose after QR on rice imports expires

December 6, 2018. Sen. Cynthia Villar today stressed that the package of support for farmers included in the rice tariffication bill is government’s response to the expiration last June 30, 2017 of the quantitative restriction (QR) on rice importation under the agreement with the World Treaty Organization… Source link link: Villar: Without RICE Fund, farmers will lose after QR on rice imports expires.....»»

Category: newsSource:  manilainformerRelated NewsDec 6th, 2018

Despite high prices, 3 of 4 Pinoys think PH in right direction–SWS

Despite a record 6.7-percent inflation rate in September and escalating rice prices because of limited supply, three out of four Filipinos still believe that the country is headed in the right direction, the latest Social Weather Stations (SWS) survey showed.   The survey, conducted from Sept. 15-23, found that 75 percent of the 1,500 respondents believe the country was moving in the right direction, up 5 points from 70 percent in June.   Respondents who said the country was heading in the wrong direction were 22 percent in September, down from 25 percent in June.   "The Palace welcomes the results of [this] third quarter survey ... [and views] it as ...Keep on reading: Despite high prices, 3 of 4 Pinoys think PH in right direction–SWS.....»»

Category: newsSource:  inquirerRelated NewsOct 27th, 2018

Undeterred

Rice prices continue to go up. The other day when I bought my month’s supply of 50 kilos, there were also fewer varieties of commercial rice to choose from at my usual outlet. Some folks must be holding on to their stocks......»»

Category: newsSource:  philstarRelated NewsOct 9th, 2018

Philippines’ rice imports may hit 2.4 million tons, second biggest on record

MANILA—The Philippines will allow major rice retailers to import up to 350,000 tons of the grain, its agriculture secretary said on Monday, potentially bringing the country’s total purchases this year to 2.4 million tons, the second highest on record. The Philippines, which buys rice from neighbors Vietnam and Thailand, is aggressively boosting purchases to replenish storm-hit stocks and […] The post Philippines’ rice imports may hit 2.4 million tons, second biggest on record appeared first on Interaksyon......»»

Category: newsSource:  interaksyonRelated NewsOct 9th, 2018

Sanchez, Judge power Yankees past Red Sox 6-2 to even ALDS

By Jimmy Golen, Associated Press BOSTON (AP) — Gary Sanchez homered twice, Aaron Judge also hit a tape-measure shot and Masahiro Tanaka pitched the New York Yankees past the Boston Red Sox 6-2 on Saturday night to tie their AL Division Series at one game apiece. Home runs by Judge and Sanchez helped chase David Price after only five outs. Sanchez's second homer, a three-run shot in the seventh that made it 6-1, was projected at 479 feet. One night after Chris Sale earned his first career playoff victory, Price failed in his 10th try to win a postseason start and was booed off the field by a sold-out Fenway Park crowd hoping to see the AL East champions protect the home-field advantage they earned with a franchise-record 108 regular-season wins. Instead, the wild-card Yankees will have a chance to advance to the AL Championship Series with victories at home, where they are 7-0 over the past two postseasons, in Games 3 and 4 on Monday and Tuesday nights. Game 5 would be back in Boston on Thursday, if necessary. Judge's homer, estimated at 445 feet, landed in the back row of the seats above the Green Monster, high above the 379-foot marker and about 10 feet to the left of the pole flying an American flag blowing straight out. Sanchez's second homer was in same direction but sailed clean out of the park, onto Lansdowne Street. Just a few feet away from that spot is a plaque noting that only the six home runs in the 106-year history of Fenway Park have cleared the back wall on the other side of the flagpole. The last was by Jim Rice in 1975. Sanchez, whose batting average didn't top .200 after June 8, also had a solo shot in the second inning to give New York a 2-0 lead. Price then walked back-to-back batters with two outs and gave up an Andrew McCutchen's RBI single on what could be his last pitch in a Red Sox uniform. The 2012 AL Cy Young Award winner — and two-time runner up for the award — Price signed a seven-year, $217 million deal to come to Boston as a free agent before the 2016 season and has pitched like an ace in the regular season. But his postseason struggles have caused Red Sox fans to sour on him, and vice-versa; he can opt out of his contract after the season, and if he can find something close to the four years and $124 million he is owed, he might just take it. In all, Price was charged with three runs on three hits and two walks in 1 2/3 innings — the shortest playoff start of his career, and tied with Roger Clemens for the shortest in Red Sox postseason history. It was the first time in 299 regular season and postseason starts that Price failed to strike out a batter. Tanaka allowed just three hits, including Xander Bogaerts' solo homer, before leaving after five innings with a 3-1 lead. He struck out four and walked one. BAD BLOOD Red Sox reliever Ryan Brasier had words with Sanchez in the fifth inning, when the Yankees catcher stepped out of the box to think about the 1-2 count against him. Brasier motioned impatiently for Sanchez to get back in the box, and told him so in some impolite terms. Sanchez struck out on the next pitch, a 97 mph fastball. But when he came up again in the seventh, he broke the game open. Sanchez had three multihomer games in the regular season, none after May 19. UP NEXT The teams have Sunday off before resuming the series in New York on Monday night. Luis Severino is scheduled to pitch for the Yankees against either Rick Porcello or Nathan Eovaldi......»»

Category: sportsSource:  abscbnRelated NewsOct 7th, 2018

13 foreign firms eye rice import contract

THIRTEEN firms, mostly from Thailand and Vietnam, have expressed interest in supplying an initial 250,000 metric tons (MT) of rice needed by the Philippines to boost buffer stocks and lower domestic prices. Bidding applications submitted to the National Food Authority (NFA) on Friday showed five of the traders were from Thailand, four from Vietnam, two [...] The post 13 foreign firms eye rice import contract appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 5th, 2018

Imported rice from Thailand can bring the down prices

By: Emme Rose Santiagudo THE National Food Authority (NFA)-Iloilo said the new stocks of imported rice from Thailand can help bring down prices of rice in the market by P1-P2 per kilo. Herrielle V. Jumagbas, acting NFA assistant provincial manager for Iloilo, said the 170,000 bags of imported rice from Thailand arrived at the International Commercial […] The post Imported rice from Thailand can bring the down prices appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsSep 29th, 2018

Duterte jokes: Rice shortage fault of drug addicts in rehab centers

  Blame it on drug addicts, again.   President Rodrigo Duterte on Thursday shared a theory that the rice shortage in the country could have been caused by drug addicts in rehabilitation centers who now enjoy eating food.   He said the number of drug addicts surrendering to authorities has been increasing and they have been undergoing rehabilitation.   "Ngayon na marami ng na-rehab kaya tayo nagkaroon ng rice crisis," Duterte said in jest in a speech in Malacaang, eliciting laughter from his audience, mostly government career executives.   Mr. Duterte, who launched a brutal war on illegal drugs since he assumed the Presidency in June...Keep on reading: Duterte jokes: Rice shortage fault of drug addicts in rehab centers.....»»

Category: newsSource:  inquirerRelated NewsSep 27th, 2018

AgriNurture to buy rice from Vietnam state firm in $1-B deal

Listed agribusiness company AgriNurture Inc. (Ani) has signed a billion-dollar agreement with Vietnam's largest grains exporter to help augment the country's rice stocks amid skyrocketing.....»»

Category: newsSource:  philippinetimesRelated NewsSep 18th, 2018

NegOcc rice stocks good for 30 days; harvest, imports to boost supply

BACOLOD City – The inventory of both commercial and government rice in Negros Occidental is only good for 30 days but the upcoming harvest and expected import allocation will boost supply by October, according to the National Food Authority (NFA). NFA-Negros Occidental provincial manager Frisco Canoy said as of Sunday, stocks are “safe and very […] The post NegOcc rice stocks good for 30 days; harvest, imports to boost supply appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsSep 17th, 2018

Philippines’ paddy rice losses from Typhoon Ompong exceed forecasts by 60%

MANILA — The Philippines lost a total of 250,730 tonnes of paddy rice due to the strong typhoon that hit its northern provinces over the weekend, according to initial official estimates, exceeding a worst-case forecast by 60 percent. The Philippines, one of the world’s biggest rice importers, had been under pressure to boost its stocks […].....»»

Category: newsSource:  interaksyonRelated NewsSep 17th, 2018

Vietnam rice shipments set to grow; PH among main markets

HCM CITY --- Vietnam's rice exports are expected to rise in the remaining months of the year thanks to increasing demand in many markets, according to the Ministry of Agriculture and Rural Development. Higher demand has been forecast in China, the Philippines, Indonesia, Iraq, and Southern African countries, it said. The Philippines, for instance, plans to import 500,000 to 800,000 tonnes to supplement its depleting stocks and stabilize prices. A new decree, which takes effect in October, is expected to remove difficulties and legal barriers faced by rice businesses in expanding exports. Rice exporters said they are likely to see positive signs from October but also challenges. La...Keep on reading: Vietnam rice shipments set to grow; PH among main markets.....»»

Category: newsSource:  inquirerRelated NewsSep 9th, 2018

NFA Council OKs additional 250,000 MT rice imports

THE policy-making body of the National Food Authority (NFA) has approved the additional importation of 250,000 metric tons (MT) of rice this year to beef up the agency’s current stock. Following a meeting on Tuesday, the council ordered the NFA to hold an open tender “immediately” for the importation of the additional rice stocks. NFA [...] The post NFA Council OKs additional 250,000 MT rice imports appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 6th, 2018

P50,000-P200,000 reward offered for information against rice hoarders

THE DEPARTMENT of Agriculture (DA) is coordinating with the private sector for monetary rewards in exchange for information that would lead to the arrest of rice hoarders, Secretary Emmanuel Piñol said on Friday. The “Report-a-Hoarder Program” is in support of President Rodrigo Duterte’s campaign “to identify hoarders and to arrest those whore are keeping rice stocks [...] The post P50,000-P200,000 reward offered for information against rice hoarders appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsAug 31st, 2018

Philippines set to purchase extra 132,000 T of rice

MANILA – The Philippines will import an additional 132,000 tonnes of rice to boost stocks in southern provinces, where prices have surged in recent weeks amid limited supply, its agriculture minister said on Wednesday. The plan approved by regulators includes the “immediate procurement” of 32,000 tons of the staple grain, Agriculture Secretary Emmanuel Pinol told reporters. The […].....»»

Category: newsSource:  interaksyonRelated NewsAug 30th, 2018

NFA bans LGUs to buy rice for buffer stock

PILI, Camarines Sur -- National Food Authority (NFA) provincial manager Alexander Farera revealed to Naga City reporters on Friday that NFA Administrator Jason Aquino had issued Memorandum Circular 137, prohibiting local governments to purchase buffer-stocks of rice after the provincial government purchased from the NFA 5,000 bags of rice, thus….....»»

Category: newsSource:  journalRelated NewsAug 26th, 2018

NFA rice stock arrives Zamboanga, but traders limit sale

ZAMBOANGA CITY – The National Food Authority has started releasing rice stocks to retailers in Zamboanga City in southern Philippines, […].....»»

Category: newsSource:  mindanaoexaminerRelated NewsAug 24th, 2018

NFA suspends 5 retailers in SouthCot

KORONDAL CITY (MindaNews / 24 Aug) – The National Food Authority (NFA) has suspended five of its accredited rice retailers in South Cotabato province for alleged diverting and hoarding their allocated rice stocks. Agerico Baquiran, NFA-South Cotabato provincial manager, said Friday he suspended the allocation and accreditation of the erring rice retailers pending an ongoing […].....»»

Category: newsSource:  mindanewsRelated NewsAug 24th, 2018