Philippines hopes to become a rice exporter in 2003 (5.14)
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Last Update: 2003-03-12
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Source: Internet
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Author: User
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President Estrada of the Philippines recently said that he believed the Philippines could achieve self-sufficiency in rice in 2002 and be expected to become a rice exporter by 2003 Estrada said the reason for his optimistic estimate is that the Philippines had a good agricultural harvest last year and that he believes the government's ongoing agricultural modernization program will further increase food production Agricultural modernization is one of the priorities of the Philippine government Last year, thanks to the increase in government investment in agriculture and good weather, the output value of agriculture increased by 6.5% At present, the government is promoting hybrid rice planting technology, hoping to increase rice production from 2.9 tons per hectare to 6-10 tons per hectare The Philippines plans to invest 40 billion pesos (US $1 billion) in the agricultural sector this year, increasing agricultural output by another 3-4% from last year's level China feed industry information network rnz (author:)
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