Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

Dairy breeder herd to be expanded via imports

by
October 1, 2024
in Top News
0
Dairy breeder herd to be expanded via imports
0
SHARES
8
VIEWS
Share on FacebookShare on Twitter
REUTERS

THE National Dairy Authority (NDA) said on Tuesday that it is looking to expand the herd at its stock farms ahead of plans to boost overall dairy animal numbers.

“The NDA will be aggressively importing cattle for our stock farms for the herd to multiply under the care of NDA. The acclimatized offspring of these dairy cattle will be the ones to be distributed to our dairy farmers,” Administrator Marcus Antonius T. Andaya said in a statement.

Mr. Andaya added that five new stock farms are set to be completed by the end of the year with operations set to launch by early 2025. They will be located in Nueva Ecija, Bohol, Bukidnon, Cotabato and Agusan Del Sur.

The NDA said that the new stock farms will eventually help increase the domestic dairy herd to about 80,000 head.

He said that the NDA is also focusing on increasing milk yields and providing training for farmers.

The NDA aims to increase dairy production to 80 million liters per year by 2028, equivalent to about 5% of milk demand. The agency operates in 68 provinces, assisting almost 2,500 farmers and 1,324 dairy organizations.

The Philippines can meet less than 1% of its milk demand through domestic production, with the remainder needing to be imported.

Dairy imports are forecast to increase 7.3% in 2024 to 2.49 million metric tons of milk equivalent, according to a report by the Food and Agriculture Organization of the United Nations.

In the first half, dairy imports rose 12.9% to 1.65 million metric tons. The Philippines typically imports skim milk powder, followed by other milk powders and ready-to-drink milk. — Adrian H. Halili

ShareTweetPin

Related Posts

Marriott, Flutter, Coca-Cola among stocks poised to gain from FIFA World Cup 2026
Top News

Marriott, Flutter, Coca-Cola among stocks poised to gain from FIFA World Cup 2026

June 11, 2026
FTSE 100 edges higher as investors balance financial recovery and AI risks
Top News

FTSE 100 edges higher as investors balance financial recovery and AI risks

June 11, 2026
SAP stock tumbles 3%: why Oracle’s AI capex surge is hitting software shares
Top News

SAP stock tumbles 3%: why Oracle’s AI capex surge is hitting software shares

June 11, 2026
Dow futures surge 370 points: 5 things to know before market opens
Top News

Dow futures surge 370 points: 5 things to know before market opens

June 11, 2026
Why Claude Mythos Preview is a wake-up call for Wall Street
Top News

Why Claude Mythos Preview is a wake-up call for Wall Street

June 11, 2026
SpaceX IPO’s valuation battle has bulls aiming share at $165 while bears see $63
Top News

SpaceX IPO’s valuation battle has bulls aiming share at $165 while bears see $63

June 11, 2026
Next Post
China’s AIIB commits $100 million to support Asia-Pacific net-zero projects

China’s AIIB commits $100 million to support Asia-Pacific net-zero projects

Recommended

Forest Lake launches new Pagpag video: A blend of humor, Filipino culture, and a reminder to plan for the future

Forest Lake launches new Pagpag video: A blend of humor, Filipino culture, and a reminder to plan for the future

October 30, 2024
DMCI Holdings to conduct P1.94-B tender offer to acquire Cemex Philippines shares

DMCI Holdings to conduct P1.94-B tender offer to acquire Cemex Philippines shares

September 30, 2024
Empowering the Future: Better Planet Education for the Next Generation of Environmental Stewards

Empowering the Future: Better Planet Education for the Next Generation of Environmental Stewards

October 10, 2024
Term deposit yields go down before BSP review

Term deposit yields go down before BSP review

December 18, 2024
5 Top Canadian Oil and Gas Dividend Stocks in 2025

5 Top Canadian Oil and Gas Dividend Stocks in 2025

January 22, 2025
Yulo stands to receive a lot of cash and in kind

Yulo stands to receive a lot of cash and in kind

August 4, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Central bankers grow nervous about AI funding

    Central bankers grow nervous about AI funding

    June 30, 2026
    Honeywell Aerospace makes strong debut after spinoff

    Honeywell Aerospace makes strong debut after spinoff

    June 30, 2026
    Hotel prices have actually fallen in these major cities

    Hotel prices have actually fallen in these major cities

    June 30, 2026
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 investdailypro.com | All Rights Reserved

    No Result
    View All Result
    • Home
    • Privacy Policy
    • Terms & Conditions
    • Thank you

    Copyright © 2026 investdailypro.com | All Rights Reserved