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2009-04-25T21:42:00.000-07:00

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2009-04-25T21:32:00.000-07:00

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2009-04-25T21:24:00.001-07:00

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2009-04-25T21:17:00.000-07:00

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2009-04-25T21:10:00.000-07:00

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2009-04-25T21:03:00.001-07:00

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2009-04-25T20:56:00.000-07:00

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2009-04-25T20:47:00.000-07:00

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2009-04-25T20:41:00.000-07:00

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2009-04-25T19:38:00.000-07:00

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2009-04-25T19:17:00.000-07:00

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2009-04-25T18:38:00.000-07:00

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Ilocano Delicacy/May24-2008

2008-06-02T01:35:00.000-07:00

Straight Forward
BY BINGO LIM CADABONA
Correspondent, Manila Bulletin-Tempo

A new generation of pinakbet crops has been bred.
With most of these crops now part of the country’s vegetable landscape, these high-yielding, pest- and disease-resistant, and early-maturing varieties were products of years of research by the Allied Botanical Corp. (ABC), a fully Filipino privately-owned vegetable breeding company.
ABC, headed by Willy U. Co. president and general manager, began in 1984 as breeder of hybrid grain sorghum. It subsequently ventured into distribution of high quality vegetable and flower seeds from world-renowned brands.
After establishing its 23-hectare research farm in 1996 in this town 190 kilometers northeast of Manila, the company entered into a pinakbet range of tropical oriental vegetables. (Pinakbet is a popular Ilocano dish of a hodge-podge of vegetables cooked with bagoong or fish sauce and meat or fish.)
In 2004, ABC introduced new streams of hybrid varieties in the market. Now carrying more than 260 commercial varieties comprising 65 species of vegetables, Allied is consistently supplying today the needs of vegetable farmers nationwide.
This writer visited ABC’s research farm in Tayug recently to see the progress of its research on the pinakbet varieties. Those who briefed us were Dr. Bliss Aday, Cris Alibuyog, Jerry Romano, Romy Valdez, Ben Solomon Organo, Efren Buenaventura, Cristina Vidad, Rommel Lopez, and Nikki Farin.
The ABC pinakbet crops are Trident 357 F1, Poseidon F1, Sta. Lucia, all ampalaya (bitter gourd) varieties; Jupiter 208 F1, Neptune 206 F1, Uranus 201 F1, Rosalinda, all squash; Spitfire 252 F1, Mustang F1, both eggplant; Camiling Smooth, okra; Negrostar, Tristar, Greenstar, Sumilang, Maranaw, all yardlong beans; Atlas F1, Antares, Athena, all tomato. (F1 stands for first generation).
Released for commercial production during the past four years, these varieties are high yielders.
The tomatoes — Atlas, Antares, and Athena—yield 50 to 60 tons per hectare. Atlas, an all-season variety, is now widely grown in Pangasinan while Antares and Athena, both dry-season crops, are popular among farmers in Regions 1 (Ilocos), 2 (Cagayan Valley), 3 (Central Luzon), and 4 (Southern Tagalog).
Ordinary tomato varieties produce only 30 t/ha.
Ampalaya Trident 357 and Poseidon yield 40 t/ha while Sta. Lucia gives 30 t/ha. The traditional ampalaya varieties produce 25-30 t/ha.
The all-season ABC ampalaya varieties are now widely grown in Regions 1-4.

Domestic Growth/May 17-2008

2008-06-02T01:31:00.000-07:00

Straight Forward
BY BINGO LIM CADABONA
Correspondent, Manila Bulletin-Tempo

he government has been trying to ease price pressures in the capital in the belief that areas outside Metro Manila have little or no supply pressures. The April inflation in these areas, however, surged to 8.7 percent in April.
Excluding selected food and energy items, the NSO said core inflation also went up to 5.9 percent in April from 4.8 percent in March.
“This suggests that price pressures are not only confined to the traditional headline components of food and energy,” said Frederic Neumann, head of the Asian Economics Team at HSBC in Hong Kong. He added that the surge reflected robust domestic demand growth and the lagged effect of high money supply growth over the past year.
“Base effects, rising food prices, and a likely further hike in gasoline prices are bound to push the headline rate higher in the coming months, which we expect to peak at well over nine percent,” Neumann said. “We therefore stick to our forecast of an average inflation rate of 6.5 percent for 2008.”
The emerging trend in inflation rate, according to Neumann, indicates that the BSP can raise its policy rates by 25 basis points when the Monetary Board meets in June. He said this could be followed by another 50-point hike over the subsequent two quarters, with the policy rate reaching 5.75 percent by year-end.
“We believe it would take longer for inflation rate to start coming down because the increase has not been due to supply shocks but rather due to rampant demand,” Neumann pointed out.
He said agriculture production is going up but not fast enough to catch up with demand. “Even here consumption of food is going up,” he said.
Across Asia, soaring prices for food and fuel are triggering inflationary pressures.
Central banks face the dilemma of whether to raise borrowing costs or not. Higher rates could calm inflation, but they could also undermine economic growth at a time of global uncertainty.
The BSP kept its overnight borrowing rate at five percent and its lending rate at seven percent last month, but flagged a future increase if inflation spread to the broader economy, particularly through wage increases.
Raising borrowing costs next month could put the brakes down harder on an economy where growth is already expected to slow to 5.8 percent this year from a 31-year high of 7.3 percent last year.
The BSP is closely monitoring negotiations to raise the minimum daily wage and has warned that a rise of more than P25 could force it to reassess its inflation forecast.
But since consumer prices in the first four months of 2008 have already risen 6.2 percent from the same year earlier period, analysts say the central bank’s full-year inflation target of 3-5 percent already appears to be blown out of the water.

Not Only Rice, Bread, Too

2008-05-14T01:53:00.000-07:00

Not Only Rice, Bread, Too

As it considers an increase in the price of rice sold by the National Food Authority (NFA), the government is also expecting an increase in the cost of bread due to china's refusal to sell milling wheat to the country.

Apart from bread, prices of poultry and meat products are also expectedto soar because these depend on animals feeds that take up around 70 percent of the cost of production.

Analysts in Asia have warmed that the Philippines, together with bangladesh, where the poor currently spend around 70 percent of their income simply on food, will be among the first to be hit by rising global fod prices.

"The pan de sal is getting smaller and probably the price of bread will increase," Trade Secretary Peter Favila said.

Even the prices of noodles would most likely be affected.

According to Favila, he has received communication from his Chinese countrypart denying the country's request for an allocation of around 200,000 metric tons of milling wheat, equivalent to 10 percent of the country's total annual wheat consumption.

Local flour millers led by Ric Pinca, executive director of the Flour Millers Association, had warmed of an increase in the price of pan de sal and other bread products unless the government helps mitigate the rising cost of flour.

The Government should place in a place plans to mitigate the effects of the worldwide increase in the cost of wheat and other food grains on local consumers," Pinca earlier said.

In response to the call of the millers, the Department of Trade and Industry asked China for milling wheat, but Favila said the chinese government turned down the request.

"I am saddened that china did not grant our request and i have already received official communication to that effect. They politely denied our request. They did not give any eason. They just said the demand in China is also big," the secretary explained.

The supply of flour in the global market is dwindling. The demand is is at 600 million metric tons while the supply is only 87 million metric tons.

Favila said he has also communicated with a supplier from the United States. But while the supplier is willing to provide the country with wheat, this will be expensive, he said.

The trade trade secretary said they are studying the posibility of using coconut flour for pan de sal as an alternative, but has also received information that the number of coconut trees have been damage because of typhoons and it will take three years beforethe new trees will bear fruit.

Spring wheat is the raw material for the production of flour for pan de sal and loaf bread while soft wheat is for pastry and cake flour.

Prices of other grains and grained-based commodities such as corn soybean and soybean meal have also gone up.

Wheat prices from other exporting countries are most likedly to move up as well to take advantage of prevailing premium prices.

With the cost of grains om the rise, prices of products dependent on these grains are expected to go up as well.

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2008-05-14T01:50:00.000-07:00

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2008-05-14T01:30:00.000-07:00

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2008-05-14T01:23:00.000-07:00

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2008-05-14T01:18:00.000-07:00

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2008-05-14T00:44:00.000-07:00