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Farmer and think tank groups have strongly urged President Ferdinand Marcos Jr. to finally repeal the Rice Tariffication Law (RTL) and impose 180 percent tax on imported rice to discourage traders from importing rice arriving during the harvest season. In a joint statement, farmers groups Alliance
Domestic feed millers have urged President Ferdinand Marcos Jr. to open up importation of corn as a stop gap measure to augment local supply and as substitute for higher-priced feed wheat. Photo by Gaspar Uhas on Unsplash In a statement, the Philippine Association of Feed Millers Inc. (PAFMI),
Local feedmillers are pushing for stopgap measures to raise the country’s feed corn supply a major feedstock component of poultry and livestock growers via importation.
The Philippines’s corn imports in marketing year (MY) 2022-2023 may expand by 50 percent to 750,000 metric tons (MT) as importers will try to fill the anticipated supply gap in feed wheat due to the Ukraine-Russia conflict, an international agency said. “Post forecasts MY 2022/23 corn imports at 750,000 MT,…
THE National Economic and Development Authority (Neda) aims to put in place lower tariffs for a number of key commodities in the soonest time possible to prevent a surge in prices. The Tariff Commission, an attached agency of the Neda, has already issued a notice for public hearing for lower…