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Following the signing of Republic Act (RA) 11524, February 26, 2021, then President Rodrigo R. Duterte signed Executive Order (EO) 172, Series of 2022, on June 2, 2022, approving the Coconut Farmers and Industry Development Plan. This paves the way for the use of the PHP75 billion ($1.4) fund to rehabilitate the coconut industry.
China’s cherry production is forecast at 650,000 MT in MY 2022/23, driven by expanded area in the northwest and southwest. Cherry imports from the U.S. are expected to fall because of reduced supplies and COVID related logistical issues.