Sugarcane planters are calling on the government anew to undertake measures that will bring down the retail prices of sugar, which have remained elevated despite the decline in mill-gate prices.
The Confederation of Sugar Producers Association Inc. , Panay Federation of Sugarcane Farmers Inc. , and the National Federation of Sugarcane Planters Inc. also urged the government to engage the industry in an “earnest” dialogue. The three sugarcane producers’ federations represent 50 percent of domestic production.
The producers’ groups, however, said that importing sugar via the minimum access volume scheme to bring down the retail prices of sugar at this time is unwarranted. “There is thus no urgent need for importation especially during peak milling season. There is also no reason why retail prices should remain disproportionately high when mill-gate prices have already dropped,” the groups said.
Confed, PANAYFED and NFSP reiterated their call to concerned government agencies, including the Department of Agriculture and the Department of Trade and Industry, to “guard against excessive retail prices” that are not in sync with prevailing mill-gate prices.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Government to tap MAV scheme for sugar imports - BusinessMirrorPresident Marcos Jr. has ordered the Department of Agriculture (DA) to fast-track the importation of 64,050 metric tons (MT) of refined sugar through the minimum access volume (MAV) mechanism to further “stabilize” sugar prices that have remained elevated. In a memorandum order (MO) dated December 20, Senior Agriculture Undersecretary Domingo F. Panganiban said Marcos, who
Read more »
Unity Digital, PLDT ink dealfor sale of 650 telco towers - BusinessMirrorUnity Digital Infrastructure Inc., a joint venture between Aboitiz InfraCapital Inc. and global private markets firm Partners Group, through their portfolio company Terra Digital Philippines Corp. have signed a sale and purchase agreement and a master agreement with PLDT Inc. The agreement covers the acquisition of 650 telecommunications towers and related passive telecommunications infrastructure for
Read more »
Law controlling tobacco goods seen to aid government regain income - BusinessMirrorTHE enactment of a law declaring the smuggling of cigarettes and other tobacco-related products as economic sabotage would allow the government to regain lost revenues of at least P25 billion annually, an industry group said. The Fight Illicit Trade (FIT) and the Federation of Philippine Industries (FPI) lauded the third and final reading approval by
Read more »
Study in Japan: 2023 Japanese Government Scholarship now open for applicationsPRESS RELEASE: The Japan Information and Culture Center is accepting applications for the Teacher Training and Japanese Studies categories.
Read more »
Sarangani farmers’ groups get hauling truck from government - BusinessMirrorThe Department of Agrarian Reform (DAR) announced on Wednesday the turnover of hauling trucks to two agrarian reform beneficiaries’ organizations (ARBOs) based in Malungon, Sarangani. The move aims to help the farmers’ organizations in delivering their agricultural products to trading centers in the province. The trucks were given to the Alkikan Vegetable Growers Association and
Read more »
Microsoft Announces 2022 Philippine Partner Awards Winners - BusinessMirrorMicrosoft Philippines recently hosted its 2022 Partner Awards, recognizing partners for their outstanding, innovative efforts to positively impact stakeholders every year. This year, four organizations received various distinctions: ePLDT Inc., Kation Technologies Inc., Microgenesis Business Systems, and Noventiq Philippines. “It is through our partners and the work they do that Microsoft’s mission to empower every
Read more »