• World News
  • Politics
  • Economy
  • Stock
  • Editor’s Pick
Global Trading Markets
EconomyEditor's Pick

Agri budget for 2026 to feature bigger allocations for coconut, coffee, sugar

by May 15, 2025
May 15, 2025

THE Department of Agriculture (DA) said it will seek to move away from its current rice-centric focus by funding more high-value crops like coconut and coffee in 2026.

“Bago ako pumasok, actually rice-centric na. (Before I took office, the Department was already rice-centric) But right now, for our proposed 2026 budget, we are putting more money into coconut, calamansi, coffee, sugar, (and other) high-value crops,” Agriculture Secretary Francisco Tiu Laurel, Jr. told reporters.

In the first quarter, the value of production of palay (unmilled rice) at constant 2018 prices grew 0.3% to 4.7 million metric tons.

Corn production declined 5.1% in the quarter, reversing the year-earlier 0.5% growth.

Coconut output slipped 0.3%, against the 3.3% decline a year earlier.

Crops that posted double-digit increases in the value of production included tobacco (80.4%), cacao (23.6%), sugarcane (19%), rubber (13.6%), coffee (10.7%) and mung bean (10.1%). — Kyle Aristophere T. Atienza

previous post
Coal-fired power plants facing higher insurance costs — DoE
next post
Gavin Newsom Scales Back Plan to Provide Illegal Aliens With Free Healthcare as California’s Financial Crisis Deepens

You may also like

Xinyx Design seeking to tap Visayan talent

May 15, 2025

SC ruling nullifying LGU mining bans sets bad...

May 15, 2025

Finance dep’t, UNDP launch $4.5-million accelerator for nature-based...

May 15, 2025

Coal-fired power plants facing higher insurance costs —...

May 15, 2025

Hog industry lobbied for pork MSRP removal —...

May 15, 2025

Visitor arrivals of 6 million seen possible in...

May 15, 2025

Puregold sees Vis-Min expansion helping more small businesses

May 15, 2025

Samsung investment decision awaiting talks on power rates

May 15, 2025

PHL, S. Korea sign deals on critical minerals,...

May 15, 2025

Fil-Chinese biz chamber backs 99-year land leases

May 14, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Sinaloa Cartel Leaders Charged with Narco-Terrorism, Material Support of Terrorism, and Drug Trafficking

      May 15, 2025
    • Starmer Pivots Right on Immigration, Plans for ‘Return Hubs’ to Stash Illegal Migrants Outside of the UK – Update: PM Snubbed as Albania Rejects Taking Asylum Seekers

      May 15, 2025
    • Minnesota Braces for CHAOS Over Chauvin PARDON Rumor! | Elijah Schaffer’s Top 5 (VIDEO)

      May 15, 2025
    • German Chancellor Merz Says Left’s Attempt to Ban AfD to ‘Protect Democracy’ Smells Like an “Attempt to Eliminate Political Competition”

      May 15, 2025
    • Supreme Court Justice Clarence Thomas Drops Perfect Line During Oral Arguments Over Nationwide Injunctions (AUDIO)

      May 15, 2025
    Footer Logo
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 GlobalTradingMarkets.com All Rights Reserved.

    Global Trading Markets
    • World News
    • Politics
    • Economy
    • Stock
    • Editor’s Pick