RED onions remain overpriced even as farmgate prices have gone down to between P50 and P60 per kilo, the leader of a farmers' group said on Thursday.
In a Manila Times interview with Samahang Industriya ng Agrikultura President Rosendo So, he said that the prevailing price of onions should be at P100 per kilo.'The farmgate price of local onions is going down, ranging from P50 to P60 . From the farms, if you consider the transport cost, the wholesale price should only be P70 so the problem occurs from the wholesale to retail. The retail price should only be P100 ,' So noted.
But based on the monitoring of the Department of Agriculture on Thursday in Metro Manila markets, local red onions were still sold for as high as P180 per kilo.So added that the DA should act to address the overpricing in the retail cost of onions.'The DA should closely monitor the movement in the prices of onions,' he added.According to So, farmers can still earn as long as the farmgate price of the bulbs will not go down to less than P40 per kilo.
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.
Lone bettor wins P50.7-M Lotto 6/42 jackpotA bettor hit the winning combination for Lotto 6/42 with a jackpot prize worth P50,796,013 during the evening draw of the Philippine Charity Sweepstakes Office (PCSO) on Tuesday, Feb. 28.
Read more »
Mananaya, nanalo ng mahigit P50-M jackpot sa Lotto 6/42Nasolo ng isang mananaya ang mahigit P50 milyon jackpot prize sa Lotto 6/42 draw nitong Martes, Pebrero 28, 2023.
Read more »
Pagasa: Cloudy Thursday with a chance of rain in several areasCloudy skies and scattered rain showers and thunderstorms are expected in eight areas across the country on Thursday due to two weather systems, according to Pagasa. | JMangaluzINQ
Read more »
Val del Rosario, Mikhail Red join forces, put up Evolve Studios | Ricky GallardoONE common denominator of mega producer Valerie (Val) del Rosario and award-winning filmmaker Mikhail Red is that they are both second-generation achievers. Del Rosario is a scion of the Viva Entertainment empire, with business magnate Vic del Rosario as father and the late Mina Aragon as mother. Valerie is concurrently…
Read more »
Firm blames red tape for Occidental Mindoro power crisisThe power crisis in Occidental Mindoro is not due to the mismanagement of the supply by the Occidental Mindoro Electric Cooperative but by red tape on the part of the Energy Regulatory Commission and the National Power Corp. | JEMendozaINQ
Read more »