PH farmers now deep in debt

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Filipino farmers are now in “deep debt” following the devastation caused by Typhoon Maring while still coping from the combined impacts of the African Swine Fer (ASF), depressed palay prices, and skyrocketing cost of farm inputs.

Filipino farmers are now in “deep debt” following the devastation caused by Typhoon Maring while still coping from the combined impacts of the African Swine Fer , depressed palay prices, and skyrocketing cost of farm inputs.

KMP’s nationwide protest will take place within the week to demand urgent aid from the government amid successive calamities that have weighed down on the livelihood of poor peasants, fisherfolks, and sectors engaged in farming and food production. Farmers, according to KMP, are pressing the demand for immediate aid – a P15,000 production subsidy amid the severe damages wrought by Severe Tropical Storm Maring on the agriculture and fisheries sectors, now at more than P2 billion.

 

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