Philippines
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Philippines’ rice buffer stock at 409,000 MT amid procurement surge
This development comes as the agency boosts procurement and rolls out a nationwide subsidized rice program
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CPF Philippines to lease new US$20M feed mill under construction in Isabela
The Land Bank of the Philippines is extending a US$21.3 million loan to fund the mill’s construction, along with a US$1.77 million credit line for working capital support.
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Philippines cooperative opens major feed mill in Luzon
The facility is equipped with two corn silos holding a combined 12,000 metric tons of corn and space for 480,000 sacks of feed.
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Philippines projects lower rice imports in 2025 on improved local production
The DA anticipates improved local production in 2025, supported by favorable climatic conditions and higher stock carryover.
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Philippines inaugurates US$5M grain terminal, secures JICA loan to improve rice post-harvest infrastructure
The facility was made possible through a US$1.8 million loan from the World Bank, with an additional US$3.3 million in funding provided by the Philippine Rural Development Project and the Sorosoro Ibaba Development Cooperative (SIDC).