LETTER OF INSTRUCTIONS NO. 57

TO    :      1.    The Secretary

               Department of Agriculture
               and Natural Resources
               Quezon City
        2.    The Secretary of
               Trade & Tourism, Concurrently
               The Chairman
               Price Control Council
               Quezon City
        3.    The Administrator
               Philippine Coconut Administration
               Quezon City
        4.    The Administrator
               Sugar Quota Administration
               Quezon City

1.    The Chairman of the Price Control Council is directed to set ceiling price of P0.40 per kilo ex Manila for copra meal and P0.20 per kilo ex Manila for molasses for animal feed purposes.

2.    The Administrator of the Sugar Quota Administration is directed to implement a domestic quota on molasses of 6,100 metric tons per month for feed purposes, to be given only to members of the Philippine Association of Feed Millers, Inc. (PAFMI) Philippine Association of Hog Raisers, Inc. (PAHRI), Philippine Poultry Industry Association, and other bona fide members of swine and poultry raiser's cooperatives and/or associations.

3.    The Secretary of Agriculture and Natural Resources, the Secretary of Trade & Tourism, and the Administrator of the Philippine Coconut Administration are directed to implement a domestic quota on copra meal initially at a volume of 1,700 metric tons per month for feed purposes, to be given only to members of the Philippine Association of Feed Millers, Inc., Philippine Association of Hog Raisers, Inc., Philippine Poultry Industry Association, and other bona fide members of swine and poultry raisers' cooperatives and/or associations.

Since 19.07.98.