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Philippines struggles to lower rice price despite ample supply

MANILA, Feb. 16 (Xinhua) -- The Philippines continues to struggle to lower the price of rice despite an ample supply of the national staple, a Philippine agriculture official said Friday. Agriculture Undersecretary Roger Navarro said the Philippines has enough rice supply due to a bumper harvest last year and additional importation in January. "But it's difficult to reduce prices since the cost of the gra.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Philippines expects stable rice price in first half of 2024

MANILA, Feb. 8 (Xinhua) -- The rice supply in the Philippines is sufficient through the first half of this year, ensuring the stable price of the country's main food staple, an agriculture official said on Thursday. Philippine Agriculture Secretary Francisco Tiu Laurel said rice prices may stay elevated through September this year due to concerns over El Nino's impact on global rice supply and heightened demand.....»»

Category: newsSource:  manilanewsRelated NewsFeb 9th, 2024

Philippines expects stable rice price in first half of 2024

MANILA, Feb. 8 (Xinhua) -- The rice supply in the Philippines is sufficient through the first half of this year, ensuring the stable price of the country's main food staple, an agriculture official said on Thursday. Philippine Agriculture Secretary Francisco Tiu Laurel said rice prices may stay elevated through September this year due to concerns over El Nino's impact on global rice supply and heightened demand.....»»

Category: sportsSource:  abscbnRelated NewsFeb 9th, 2024

Free leptospirosis meds, anti-tetanus vaccines for flood-affected residents

Summary: The Davao City Health Office (CHO) is providing free medicines for leptospirosis and anti-tetanus shots to residents affected by floods. Dr. Tomas Miguel Ababon, CHO Officer-In-Charge, announced the availability of these medications during a media forum, emphasizing their dispatch during emergencies. He highlighted the proactive response of health district staff, ensuring that evacuation centers are equipped with prophylaxis for leptospirosis. Additionally, tetanus toxoid, dressings, and antibiotics are available for flood-related injuries. Ababon emphasized that these services and medications are provided free of charge. He advised seeking a doctor's guidance for the dosage of prophylaxis medicine, as well as the administration of antibiotics due to potential allergies. Despite recording 17 cases of leptospirosis in the first two weeks of the month, no related deaths were reported. This initiative aims to safeguard the health of flood-affected residents in Davao City......»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

Rice imports as of mid-March 886,963 MT

The country’s rice imports as of mid-March have surpassed the total volume recorded in the entire first quarter of last year by a double-digit rate, to over 880,000 metric tons, government data showed......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

2024 rice imports hit 570,000 MT

The country’s rice imports have reached almost 570,000 metric tons as of mid-February, surpassing the total imported volume in the first two months of last year by over 40 percent......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

Philippines’ estimated rice imports rise by 100,000 MT — USDA

In a data report released on Friday, the USDA has increased its estimates for Philippine rice imports in 2024 to 3.9 million MT, higher than the 3.8 MT million forecast last January. .....»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

DTI rolls out the Rice on Wheels Program in coordination with Bulacan rice millers and traders

The Department of Trade and Industry (DTI), in coordination with Bulacan rice millers and traders, will officially roll out the “Rice on Wheels Program for Retailers” to ensure the availability of affordable regular and well-milled rice to the general public......»»

Category: newsSource:  samarnewsRelated NewsFeb 27th, 2024

Thailand s rice exports up 44 pct in January

BANGKOK, Feb. 6 (Xinhua) -- Thailand's rice exports jumped 43.96 percent from a year earlier to 1.12 million tons in January, government spokesperson Chai Wacharonke said on Tuesday. The government has set a rice export target of 7.5 million tons this year as part of efforts to develop the quality of rice varieties and expand access to Thai rice in overseas markets, Chai said in a statement. Authorities a.....»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 2024

Pork SRP sought amid high retail prices

A suggested retail price on pork should be imposed amid high retail prices resulting from tight local supply caused by the African swine fever outbreak in the country, according to the Pork Producers Federation of the Philippines......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

Philippines keeps eye on price manipulators amid El Nino

MANILA, March 7 (Xinhua) -- Amid the El Nino dry spell and drought, the Philippines will intensify its efforts to ensure a sufficient supply of basic goods and commodities and monitor possible manipulation of their prices, an official said on Thursday. Gilberto Teodoro Jr., chair of the governmental task force on El Nino, has urged the Department of Trade and Industry to intensify market price and supply monitor.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

Philippines keeps eye on price manipulators amid El Nino

MANILA, March 7 (Xinhua) -- Amid the El Nino dry spell and drought, the Philippines will intensify its efforts to ensure a sufficient supply of basic goods and commodities and monitor possible manipulation of their prices, an official said on Thursday. Gilberto Teodoro Jr., chair of the governmental task force on El Nino, has urged the Department of Trade and Industry to intensify market price and supply monitor.....»»

Category: newsSource:  manilanewsRelated NewsMar 8th, 2024

‘SUPPLY NOT CONSISTENT’ | Negros Occidental reports 50% pork supply shortage

‘SUPPLY NOT CONSISTENT’ | Negros Occidental reports 50% pork supply shortage.....»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

DA halts onion imports as oversupply drives prices down

The Department of Agriculture on Friday ordered the suspension of onion imports until May, citing abundant supply of onions in the country......»»

Category: financeSource:  philstarRelated NewsJan 19th, 2024

NIA assures rice farmers of maximum water supply

NIA assures rice farmers of maximum water supply.....»»

Category: newsSource:  sunstarRelated NewsMar 6th, 2024

Philippine eyes rice deal with Cambodia

The Philippines is eyeing a possible rice supply deal with Cambodia as it braces for the effects of the El Niño phenomenon on its food supply......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Philippines, Cambodia seek to expand rice supply ties

The Philippines is exploring a partnership with Cambodia to secure a stable rice supply in response to potential challenges posed by the El Niño phenomenon......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Philippines, Vietnam ink 5-year rice supply deal

The Philippines signed on Tuesday a five-year deal with Vietnam to ensure steady supply of affordable rice to the country as global prices of the staple continue to surge......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

BSP to keep policy stance sufficiently tight

Despite the slowdown in the rise in consumer prices in the past four months, monetary authorities deem it necessary to keep monetary policy settings sufficiently tight until there is sustained decline in inflation......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Vietnam s Q1 rice export up 42 pct in value

HANOI, April 10 (Xinhua) -- Vietnam exported over 2.1 million tons of rice, up 42 percent year-on-year in value, in the first quarter of this year, VnExpress reported Wednesday, citing the Ministry of Agriculture and Rural Development. The country earned 1.4 billion U.S. dollars from exporting rice during the cited period, said the report. The Philippines was the biggest importer of Vietnamese rice, accou.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024