Stock Markets

DA: Rice supply safe, corn at risk

DA: Rice supply safe, corn at risk – BusinessWorld Online


      
      
      
      
      








PHILIPPINE STAR/KRIZ JOHN ROSALES

AGRICULTURE Secretary Francisco P. Tiu Laurel, Jr. said on Wednesday that corn output could take a heavy hit after Typhoon Kalmaegi, locally called Tino, battered Visayas and parts of Mindanao.

“We’re not too worried about rice since the harvest is almost complete in major producing provinces, and most of the affected regions are not major producing areas. But we may have an issue with corn because about 33,000 hectares of cornfields were affected by Tino,” Mr. Tiu Laurel was quoted as saying in a statement.

The Department of Agriculture (DA) has ordered its regional field offices to conduct rapid damage assessments and prepare for a potentially stronger typhoon that could hit Northern Luzon over the weekend.

To support recovery efforts, the department will distribute P255 million worth of farm inputs, including rice, corn, and vegetable seeds; fingerlings; and biologics, to affected farmers and fisherfolk.

Fishers affected by Typhoon Tino may also be provided with boat repair and fuel assistance. — Vonn Andrei E. Villamiel

CEDTyClea





You May Also Like

Finance

The Stephen Lawrence Day Foundation (SLDF) and the Institute of Directors (IoD) have joined forces to launch a groundbreaking scholarship programme aimed at accelerating...

Stock Markets

Association of Southeast Asian Nations (ASEAN) Chairman and Malaysia’s Prime Minister Anwar Ibrahim (right) and Chinese Premier Li Qiang (left) shake hands after witnessing...

Stock Markets

PHILIPPINE STAR/NOEL B. PABALATE PRESIDENT Ferdinand R. Marcos, Jr. said the Philippines will play a prominent role in regional trade and investment networks as...

Stock Markets

BSP sees inflation at 1.4-2.2% in October – BusinessWorld Online                                    ...

Exit mobile version