Onion imports to reduce farmgate prices, discourage planting–group | Jasper Y. Arcalas

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The proposed importation of 22,000 metric tons (MT) of onions would discourage farmers from planting and even depress farmgate prices, a local industry group said on Sunday.

The proposed importation of 22,000 metric tons of onions would discourage farmers from planting and even depress farmgate prices, a local industry group said on Sunday.

“Prices were higher in previous days because the rains prevented us from harvesting our crop. Supply did not reach the market. Right now, however, harvest is ongoing,” he told reporters in an interview. Also, he said white onions would account for at least 10 percent of the volume that will be imported for Luzon.

The proposal to import onions was recommended by agriculture officials after the imposition of the suggested retail price of P250 per kg failed to pull down onion prices.

Source: News Formal (newsformal.com)

 

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