Philippines: Cabbage prices drop due to oversupply

Published 2024년 1월 14일

Tridge summary

Due to an oversupply of highland vegetables like cabbage, prices have decreased, leading some farmers to dispose of their stocks that are no longer accepted by markets. Prices ranged from P35.00 to P80.00 per kilogram as of January 11, compared to P60.00 to P80.00 per kilogram on December 11, 2023. The Department of Agriculture sent trucks to Benguet to bring vegetables to Metro Manila, but the oversupply poses a challenge, especially with the anticipated El Niño phenomenon later in the year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Prices of highland vegetables such as cabbage have decreased, with some of the farmers opting to dispose of their stocks that are no longer accepted by markets due to an oversupply. Latest data available from the Department of Agriculture (DA) indicate that cabbage prices ranged from P35.00 to P80.00 per kilogram as of January 11, lower than the P60.00 to P80.00 per kilogram range on December 11, 2023. “May mga truck na ipinadala ang DA (Department of Agriculture) sa Benguet para at least ay maidala ang vegetables dito sa Metro Manila so magandang direksyon iyon, pero ang problema talaga ay marami talagang gulay ngayon,” Samahang Industriya ng Agrikultura (SINAG) Chairperson Rosendo So said in a report on GMA’s “24 Oras Weekend” on Sunday. (The DA sent out trucks to Benguet to bring the vegetables to Metro Manila, so that is a good option. But the problem is there are really a lot of vegetables now.) Recently, cabbages delivered to La Trinidad, Benguet were rejected and were ...
Source: Gmanetwork

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