00:00 While some will choose the price of the main items to buy,
00:05 like the onions from the Kadihwa Store of the Agriculture Department.
00:09 Let's see how much Rod Lagusan will know.
00:12 Marites bought the onions from the Kadihwa Store of the Department of Agriculture today.
00:19 The price is only 35 pesos per kilo of onions, so she ordered it, especially since she has a canteen.
00:25 It's a big help. As in, the price is big.
00:31 Many also bought the onions for cooking for their families.
00:36 It's a big help for us.
00:39 Because for us in Bulacan, it's very expensive. It can reach 80 to 100 pesos.
00:49 According to the Philippine Statistics Authority,
00:51 13 primary agricultural products have dropped in price this February, including onions.
00:57 From P188 per kilo in the second half of January,
01:00 compared to P174 per kilo in the first half of February,
01:04 onions dropped by more than P13 per kilo.
01:07 According to the DA, the area of production of onions increased by 40%,
01:11 just like in the province of Nueva Ecija in Central Luzon.
01:14 And now that March and April are coming, the price of onions is also at its peak.
01:18 But the Sinag group is now in charge of measuring the price of onions.
01:23 We have a smuggled monitor in Red Onion.
01:28 The price of farm meat is now at P26 to P28.
01:37 The red and white ones are at P23 to P25.
01:41 Onions are not at their peak.
01:43 The peak of onions is by March, so we are really afraid that the price of farm meat will drop by P10 to P15.
01:53 That's what we are monitoring.
01:56 We hope that it will be stabilized so that farmers will have a little income.
02:01 The BPI and our high value and our AMAS are prioritizing market linkages.
02:08 We can tie up our farmers and hopefully those in other provinces in Southern Tagalog and other areas that need onions.
02:21 There are products with a minimal or not so high price.
02:25 Like rice, because it was only increased by P79 in the well-milled.
02:29 In the special, it was increased by P68 and the regular milled was increased by P46.
02:35 And because of the price of rice dropping in the international market, the DA is hoping that it will continue to drop.
02:42 It will have an impact on our imported rice.
02:47 And the timing that we will harvest or start harvesting, it will peak on March-April.
02:56 Based on the price of farm gate approved by the NFA Council, P19 to P23 for dry, we can see that it is possible that it will drop and go back to the P40 level.
03:09 The price of regular milled and well-milled rice in the next weeks or months could drop.
03:14 Rod Laguzad, for Pambansang TV in Bagong, Philippines.
Comments