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NFA Rice Up by P2 effective December 7 PDF Print E-mail
Written by DA-NFA   
Tuesday, 14 December 2010 02:51

The National Food Authority (NFA) Council, the governing body of the food security agency, today approved to increase the wholesale price of NFA rice from Php23.50 to 25.00 per kilogram (kg) effective December 7, 2010. On the retail level, this will effectively increase the price from Php25.00/kg to Php27.00/kg.

 The move is among the measures government is undertaking to ensure the viability of the agency and continue fulfilling its mandate of supporting farmers to produce enough for self-sufficiency.

 NFA Administrator Angelito T. Banayo said. “We are looking at the long term viability of NFA. The minimal price increase will go a long way in ensuring continuous support for our farmers while stabilizing rice prices and supply availability.”

Last Updated on Wednesday, 15 December 2010 02:52
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Agri growth dips by 2.6%, Jan-Sept 2010 PDF Print E-mail
Written by DA-AFIS   
Monday, 15 November 2010 03:55

 Despite the Department of Agriculture’s interventions to minimize the effects of El Nino from January to September 2010, the country’s agriculture sector slowed down by 2.62 percent (%), even as the poultry, livestock and fisheries subsectors posted positive growth rates.

 The prolonged dry spell exacted a heavy toll on the crops subsector, as it declined by 7.2%. The late onset of the rainy season delayed planting of palay (unmilled rice) and corn to July and August. Hence, the bulk of palay and corn harvests will be accounted in the 4th quarter.

Last Updated on Tuesday, 14 December 2010 02:55
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BANANA PDF Print E-mail
Written by DA-AFIS   
Friday, 12 November 2010 05:06

Agriculture Secretary Proceso J. Alcala admires the six feet tall (ranging about 14 hands with 13-26 fingers) bunch of Cavendish-Valery variety banana displayed at the TADECO booth during the Davao Trade Expo (DATE) 2010 - 1st Philippine Global Banana Summit at Bangko Sentral ng Pilipinas, Davao City. DATE 2010 focused on the banana industry as an important source of income, employment and export earnings for the Philippines and other major banana exporting countries, and the significance of constant innovation in research & development, technology and human resource management to progressively achieve the global standard in agricultural practice.

 

 

 DA Secretary Proceso J. Alcala during the 1st Philippine Global Banana Summit

 Bangko Sentral ng Pilipinas, Davao City

 

(Photo by: DA-Info Service: Alan Jay Jacalan) 


 
Last Updated on Thursday, 18 November 2010 02:40
 
SRA Explains SRP of Sugar PDF Print E-mail
Written by DA-SRA   
Tuesday, 14 September 2010 06:07

          The National Price Coordinating Council (NPCC) chaired by DTI decided that the suggested reference price (SRP) of refined sugar will be retained at P52.00 per kilo.  

          Prior to the decision of the NPCC,  the Sugar Regulatory Administration (SRA) recommended the SRP of P56.00 per kilo of refined sugar when retailers in public markets and grocery owners complained that they could no longer sell refined sugar at the SRP level of P 52.00 per kilo since the wholesale price has gone up and it is no longer profitable for them to sell sugar at the current SRP level.   They were also scared of being filed with an administrative case by the Department of Agriculture (DA) and Department of Trade and Industry (DTI) if they will sell refined sugar beyond the SRP.  

          SRA’s recommended SRP was based on the last bidded price of sugar in the millsite and the prevailing wholesale prices for the last 3 months, that is, from June to August. 

          

Last Updated on Monday, 15 November 2010 03:56
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