
Confed welcomes Marcos fertilizer purchase plan
The Confederation of Sugar Producers Associations Inc. (CONFED) on Wednesday, July 20, welcomed the plan of President Ferdinand Marcos Jr. to explore government-to-government fertilizer purchase with, at least, five countries to cushion the impact of the commodity's continued prohibitive cost that may have direct implications to the Philippines' food security situation."We are happy to hear this development. It's the same proposal we made as early as August 2021 after fertilizer cost skyrocketed and more than doubled over the year-ago level," CONFED national president Raymond V. Montinola said in reaction to Marcos' plan which he announced in a meeting Monday with Department of Agriculture officials.The President has temporarily assumed the post of agriculture secretary."Finall...









