October launch of Masagana rice programs eyed

0

CONTRIBUTEDPHOTO

The Department of Agriculture (DA) is targeting to launch by October this year two programs that are aimed at bolstering the country’s rice production, an official of the department said on Tuesday.

In a chance interview, Agriculture Agriculture Assistant Secretary Arnel de Mesa said the DA would seek an additional budget of P4 billion to implement Masagana 150 and Masagana 200 rice production programs.

Masagana 150 is targeting a yield of 7.5 tons of inbred rice per hectare at a production cost of P8.38 per kilo. This will translate to a net profit of at least P50,000 per hectare for farmers and a market price of P27.50 per kilo.

Masagana 200 targets a yield of 10 tons of hybrid rice per hectare at a production cost of P7.82 per kilo.

De Mesa told reporters both initiatives would be initially funded by the agency’s National Rice Program and the Rice Competitiveness Enhancement Fund.

Read Next

Don’t miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

For feedback, complaints, or inquiries, contact us.

FOLLOW us ON GOOGLE NEWS

 

Read original article here

Denial of responsibility! My droll is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave a comment