• The Philippines is holding off its purchases of imported rice, moving along with its global peers, owing to the steep prices in the world market, the US Department of Agriculture (USDA) said.
• The USDA’s Foreign Agricultural Service (FAS) retained its estimate of the country’s rice importation at 3.8 million metric tons (MT) for marketing year 2023 to 2024.

https://business.inquirer.net/420935/rice-imports-held-off-amid-high-global-prices