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The Department of Agriculture said that July inflation figures show government supply interventions are helping keep food prices broadly stable, but warned that potential impact of a strong El Niño later this year, and volatile global oil prices threaten that progress by driving up transport, logistics, and farm production costs. “We’re seeing signs that our […]
Food prices re-emerged as a key inflation driver in February, prompting the Department of Agriculture to step up measures aimed at shielding low-income households, as well as farmers and fisherfolk, from potential price shocks amid rising global uncertainty. The DA said it has intensified monitoring of food prices and supply following fresh data indicating faster […]
Senate President Chiz Escudero said a new law meant to combat rampant smuggling, profiteering and hoarding of agricultural products will make food more affordable and accessible to many Filipinos and provide better income for local farmers. Escudero said the Anti-Agricultural Economic Sabotage Act, a priority measure of the administration which is scheduled to be signed […]
The Philippine Fisheries Development Authority (PFDA) will require a budget of P30.1 billion to finance a four-year upgrade of over a dozen regional and subregional seaports into deep-water ports as part of the Department of Agriculture’s broader vision of transforming these facilities into agri-logistics hubs across the archipelago. Aside from deepening access channels to the […]
As world food prices marked a 10-year high in November and as Christmas season tends to raise food prices as well, Senator Kiko Pangilinan challenged all government agencies to prevent increases in food prices and ensure that food supplies are stable. “Nananawagan ako sa mga ahensya ng gobyerno na pag-ibayuhin ang pagmomonitor ng mga presyo […]
Rising food prices may be stemmed with a focus on agriculture, Senator Kiko Pangilinan said in a privilege speech recently. “Let us recall that during the pandemic last year, agriculture was the only sector that grew. If this trajectory continues, agriculture could be a major driver of growth, it would give income to the farmers […]
Alarmed by the sudden spike in food prices recently, Senator Kiko Pangilinan called on the government to revisit the supply food chain to focus on logistics and transport. “Merong hindi tama sa pagtaas ng presyo ng pagkain. May demand at may supply. Nagugutom ang mga kababayan natin. Sobra-sobra ang ani ng ating mga magsasaka. Mukhang […]
As world rice prices increase, the government should try to anticipate its effect on the country’s food security and ensure that there would be no food price spikes especially for Filipinos already suffering from reduced income, Senator Kiko Pangilinan said. “While the pandemic is primarily a health crisis, its impact on economic activities can cause […]
The native animal industry needs to be self-sufficient to meet growing demands and address the rising prices of food products, Senator Cynthia Villar said as she stressed on the importance of giving the sector training programs. Villar, chairperson of the Senate Committee on Agriculture and Food, said trainings will update the skills of farmers and […]