Article: Gov't plans expanded area, more funds for hybrid rice.(Business)

Byline: MELODY M. AGUIBA

The government is planning to increase the area planted to hybrid rice beyond the 300,000-hectare target for crop- year (CY) 2004-2005 to ensure rice sufficiency, but seed growers are seeking substantial financing from the Land Bank of the Philippines (LBP) or the Development Bank of the Philippines (DBP) to expand seed growing.

Leocadio S. Sebastian, executive director of the Philippine Rice Research Institute (PRRI), said in an interview that the Department of Agriculture (DA) is eyeing to broaden targeted hybrid rice production to ensure that the Philippines meets sufficiency target set for CY 2004-2005.

However, ...

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