President Ferdinand Marcos Jr. raised the issue of the lack of cold chain facilities in the country for onions, which ultimately affects the commodity’s supply and prices. | DYGalvezINQ
The President also said the government is carrying out a program aimed at helping onion farmers increase their yield to stabilize the supply and bring down the commodity’s price.“And secondly, we will help by – the DA will help by providing inputs. So the first part of that is we are going to the seed producers so that they will produce good seed that we can give to the farmers at some point. Iyon ang kanilang gamitin as inputs. And all that what they need,” Marcos added.
The DA has deferred the P250 suggested retail price extension due to the forecasted lower price range of onions following the harvest season.with the entry of more than 5,000 metric tons of imported onions. The Philippine Statistics Authority earlier reported that onion production in the third quarter of last year was recorded at 23.30 MT, 1.7 percent higher than the 22.92 MT output in the same quarter of 2021.Also, the DA’s 2022 supply and demand outlook data indicated that the country has a 120 percent sufficiency level with 312,830 MT of onions. Per capita consumption for onion is at 2.341 kg/year per the PSA, with an estimated demand of 21,000 MT per month.
As of December 15 last year, the PCO said the total stock inventory of locally produced red onions in cold storage nationwide is 2,209.45 MT.To provide more affordable onions, KADIWA stores offered native red and white onions for P170 a kilo, with each customer being allowed to buy a maximum of three kilos.Subscribe to our daily newsletter
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