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Rice industry rises amidst challenges

by 198 Philippines News
February 7, 2022
in PHILIPPINES AGRICULTURE NEWS
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Writer: DA Communications Group | 7 February 2022

Filipino farmers are actually reveling beneficial properties from the Rice Enhancement Competitiveness Fund (RCEF), because the rice sector registers report harvest ranges yr after yr.

In line with Agriculture Secretary William Dar, for the reason that set up of the RCEF, rice yield and farmers’ earnings have proven important improve.

RCEF, mandated by the Rice Tariffication Legislation, has considerably elevated rice yield of farmers posting a P10,000 per hectare increment in gross earnings. The fund has additionally contributed to the lower in value manufacturing.

“We’ve got posted report harvests for the final two years at 19.2 million metric tons (MMT) in 2020 and 19.96 MMT in 2021,” he stated.

The agri chief careworn that even with the challenges of Covid-19 pandemic, and the sick results of typhoons and flooding, the rice trade continues to thrive.

He added that the regular improve within the sufficiency degree of the nation’s main crop was attained due to the massive finances allotted to the sector.

“Final yr, we got P62 billion (B) for the event of the trade, and it simply exhibits that when we’ve got sufficient funding, we are able to implement extra packages and be extra productive,” he stated.

The Secretary defined that with an satisfactory finances for rice, DA is ready to implement science-based initiatives, efficient farm methods and applied sciences, in addition to distribute seeds, fertilizer, and equipment assist, all for the welfare of Filipino small rice farmers.

Sec. Dar was in Tagbilaran on February 7, 2022, for the distribution of interventions to the province of Bohol, which has been badly crushed by Storm Odette.

Among the many assist awarded was the Rice Farmers Monetary Help (RFFA) for the 52,819 farmer-beneficiaries totaling to P267.7 million (M).

Underneath RFFA, each farmer tilling two hectares or much less, can be receiving P5,000 in unconditional money help.

“These are a part of the surplus tariff collected in 2020, totaling to greater than P7B. Final yr, the gathering reached P8.8B, which suggests that we’ll attain out and assist extra farmers,” Dar defined.

Whereas in Bohol, the agri chief distributed different help packages by means of the SURE Support Mortgage and Agri-Negosyo  Applications, each underneath the DA-Agricultural Credit score Coverage Council, Fast Response Fund, Swine Restoration Program, and diverse inputs to help rehabilitation efforts within the province for various agricultural industries.

The Secretary additionally dedicated further assist together with processing services for poultry, livestock, fishery, coconut, and different crops, to be lodged underneath the Philippine Rural Growth Challenge.

Agri-fishery help awarded to Bohol for the yr quantities to P2B in whole. ### (Adora Rodriguez, DA-AFID)

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