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FAS Manila forecasts MY 2024/25 milled rice production will increase to 12.125 million MT as the country emerges from the current El Nino and government spending on inputs and machinery contributes to increased yield.

Due to low farm gate prices in the second quarter of 2020 as a result of the challenges of COVID-19, Post has lowered chicken meat production to three percent growth over the 2019 level.

Philippine economic planners expect the gross domestic product to contract by 2.0 to 3.4 percent in 2020 due to the strict quarantine conditions in response to the coronavirus disease 2019...