DA expects lower onion price by mid-January 2023

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DA expects lower onion price by mid-January 2023
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The Department of Agriculture (DA) on Friday said it is seeing a lower price of onions by the middle of January in 2023 amid efforts to facilitate enough supply in markets and the anticipated harvest season.

The Department of Agriculture on Friday said it is seeing a lower price of onions by the middle of January in 2023 amid efforts to facilitate enough supply in markets and the anticipated harvest season.

Interviewed on GMA News’ Unang Balita, DA Undersecretary Kristine Evangelista was asked if the target price of onions would be met after the holiday season as stated by some vendors.“By middle of January, dadami ang harvest. Definitely, mag-iiba na naman 'yung price points natin kaya we will revisit 'yung SRP baka bumababa pa pong ang presyo,” she added.

The DA will also tap suppliers who will provide onions to markets, Evangelista said. Because the department will absorb some of the costs, the onions will be sold at a cheaper price, according to her. She added the DA will work with the Department of Trade and Industry as well as the Price Coordinating Council for this.

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gmanews /  🏆 11. in PH

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