By: Jordeene B. Lagare MANILA, Philippines – Local rice production is projected to decrease this current crop year due to unfavorable weather conditions, which could translate to higher retail prices, according to research firm BMI. In a report, BMI said the domestic output is pegged at 1.2 million metric tons (MT) in the 2024/2025 cycle, […]
Bella Cariaso – The Philippine Star MANILA, Philippines — Farmers’ group Samahang Industriya ng Agrikultura (SINAG) has filed a petition before the Tariff Commission asking that the 35 percent tariff on imported rice be restored, arguing that Executive Order 62, which lowered the tariff on outsourced staple to 15 percent, did not result in lower […]
Jasper Emmanuel Arcalas – The Philippine Star MANILA, Philippines — The Philippines’ rice import requirement may increase after the Philippine Statistics Authority (PSA) revised a key parameter used by the government in estimating the country’s domestic production and supply of the staple. After three decades, the PSA revised downward its benchmark conversion ratio of palay […]
By Marita Moaje MANILA – The National Food Authority (NFA) is implementing a PHP10-billion modernization program to expand rice storage, upgrade processing facilities, and enhance post-harvest efficiency, ultimately reducing losses and increasing farmers’ income. NFA Administrator Larry Lacson on Monday said these long-overdue upgrades would significantly improve rice and palay storage, ensuring better management of […]
AN AGRICULTURE industry association asked the Tariff Commission to restore rice import tariffs to 35% for Southeast Asian grain, while imposing a 50% rate for all other countries of origin. Executive Order No. 62, which reduced the tariffs to 15%, has failed to reduce rice prices, as it had been designed to do, Samahang Industriya […]
By TED CORDERO, GMA Integrated News The cost of the Philippines’ main staple, rice, continued its deceleration streak for the second straight month in February 2025 amid the continuous effects of declining global prices, reduction in rice import tariffs last year as well the impact of the declaration of food emergency security to tame the […]
By: Jordeene B. Lagare. MANILA, Philippines – The country’s rice imports are expected to decline this year but remain large enough to drive down the selling prices of local rice farmers despite the continuing shortfall in domestic production. “It might level off but still [reach] over 4 million [metric] tons, mainly due to the drop […]
By Darryl John Esguerra. MANILA – Prices of rice and pork are expected to further go down within the month, Presidential Communications Office (PCO) Undersecretary and Palace Press Officer Claire Castro said Wednesday. In a press briefing, Castro said Agriculture Secretary Francisco Tiu Laurel Jr. reported the anticipated price cut in rice and pork during […]
By: Faith Argosino – Reporter MANILA, Philippines — The House of Representatives quinta committee has vowed to intensify its efforts to lower rice prices, as it urged the Anti-Agricultural Economic Sabotage Enforcement Group to “develop and enforce a framework to dismantle cartels and prevent price-fixing.” To do so, Quezon Rep. Mark Enverga — who heads […]
By TED CORDERO, GMA Integrated News The Department of Agriculture (DA) on Wednesday announced it is slashing further the maximum suggested retail price (MSRP) for imported rice in the coming month. “The maximum suggested retail price for imported rice will be lowered to P49 per kilo starting Saturday, March 1, marking the first time since […]
