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Published January 13, 2021, 3:49 PM
The European Union may steal the Philippines’ title as the biggest rice importer in the world this year as the Southeast Asian nation is bent on achieving higher local palay production amid stricter import permit issuance.
“The Philippines is forecast to fall to the number two spot in 2021 as the largest global rice importer after the European Union,” the US Department of Agriculture (USDA) said in its latest Global Agricultural Information Network (GAIN) report.
The GAIN report said it is the improved palay production, government policies that constrain trade, and record-high prices from traditional suppliers that will be “key factors limiting imports this year”.
Landbank releases P231 7-billion loans to 2 6M farmers, fisherfolk visayandailystar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from visayandailystar.com Daily Mail and Mail on Sunday newspapers.
The Philippine Center for Postharvest Development and Mechanization (PHilMech) received positive feedback from recipients of the farm machines distributed at no cost under the Rice Competitiveness Enhancement Fund (RCEF) Mechanization Program.
Massey Ferguson four-wheel tractors are set to be distributed under the Rice Competitiveness Enhancement Fund Mechanization Program spearheaded by the Philippine Center for Postharvest Development and Mechanization (PHilMech). PHOTO FROM THE PHILMECH FACEBOOK PAGE
PHilMech Executive Director Baldwin Jallorina said the positive feedback from farmers’ cooperatives and associations (FCAs) that were beneficiaries of the program demonstrated that farm mechanization was gaining acceptance in the agriculture sector. More importantly, there are more FCAs saying they are thankful for the passage of Republic Act 11203, or the “Rice Tariffication Law (RTL),” as it created the program.