The bible of Philippine politics

For the first time?

36

THE Philippines has exported 400 metric tons of high quality rice for the first time in 30 years, the Department of Agriculture (DA) said Friday.”Ang amin pong naunang projection ay ang maka-export ng 100 metric tons of premium rice, but we have already exported 400 metric tons of premium rice—red rice, black rice and organic rice—and the year is not yet over,” Alcala said. SunStar

According to Alcala, Hong Kong and Singapore have large requirements for premium rice but they do not have any production. The DA noted that the past administration spent more in National Food Authority imports than in production support from 2001-2010—P105.6 billion for production compared to P292.5 billion for NFA imports, making production grow at a rate of only 2.27 percent or a little over 313,000 MT annually.  This was reversed from 2011 to 2013 with support for local producers at 3.9 times that of payments for rice imports, which drove the farmers to deliver the performance in the last three years with a higher annual average growth rate of 5.37 percent, equivalent to 889, 029 MT, the DA said. Sun Star

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy