27 May 2019

  • GOCC’s crop insurance covers more than 2-M farmers, fishers
    The Philippine Crop Insurance Corp. (PCIC) said its crop-insurance coverage in 2018 expanded by more than a third to nearly P80 billion to a record high of more than 2 million farmers and fishermen. The PCIC, a government-owned and -controlled corporation (GOCC), said its total crop-insurance coverage last year reached P79.820 billion, 36.53 percent over the P58.465 billion it was able […]
  • Unrelenting rain puts US farmers on insurance-deadline watch
    KANSAS farmer Mark Nelson has until Saturday to plant his corn or lose the insurance that protects him from a drop in prices or yield. Instead, he’s hopping on a plane to visit his father in Chicago. Nelson is now considering a different type of insurance coverage known as prevented-plant claims, which pay out when […]
  • NFA’s purchases of local unhusked rice hit 4 million bags
    The National Food Authority’s (NFA) has bought 4 million 50-kilogram bags of unhusked rice in May, or more than a quarter of its procurement target for 2019, bolstering the claim of the agency that farmers find its buying price attractive. The food agency said its procurement of 201,250 metric tons of palay as of May […]
  • DOF: Farmers to gain from privatizing PCIC
    The Department of Finance (DOF) said the privatization of the Philippine Crop Insurance Corp. (PCIC) could increase the number of farmers that may be covered by microinsurance. Finance Undersecretary Gil S. Beltran told reporters that the government has the option to privatize the PCIC or transform the government-owned and -controlled corporation (GOCC) into an entity […]
  • PHL dairy production up 1.53% in January-March
    The country’s dairy output in first quarter rose by 1.53 percent to 6,150 metric tons (MT) due to the increase in milk-producing herd and high farm-gate prices offered by traders and processors, according to the National Dairy Authority (NDA). Citing the quarterly report of the Philippine Statistics Authority, the NDA said dairy output in the […]

Feed by Business Mirror.