AreaPhilippines

Commodity GroupMilk and Dairy Products

CommodityMilk

Date01/07/2024

Policy CategoryProduction

Policy InstrumentGovernment support

DescriptionAllocated nearly PHP 500 million (USD 8.54 million) for the development of four dairy cattle breeding farms, aimed at increasing local milk production and raising country’s milk sufficiency by 5 percent within 2028. All four breeding farms are expected to have a capacity of 150 cattle and be operational by 2025.

NotesUnless otherwise stated, the USD value is calculated using the exchange rate prevailing on the date of the announcement of the policy.