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Philippines
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Philippines moves to extend rice import ban, pressuring Asian exporters amid global glut
The restriction, introduced on September 1 for a period of 60 days, was aimed at supporting farmers facing falling paddy rice prices during the harvest season.
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Philippines suspends rice imports for 60 days to support local farmers
In his directive, Marcos said the move was necessary to allow the domestic market to absorb local production.
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Cargill partners Biotech Farms to strengthen animal feed production in the Philippines
With production now fully operational, the plant is expected to increase the company’s ability to deliver customized, safe, and sustainable nutrition solutions at scale
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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.