Philippines: Ilocos Norte farmers lament losses as bell pepper prices drop
Published 2024년 1월 22일
Tridge summary
Bell pepper farmers in Vintar, Ilocos Norte are facing significant losses due to a drastic drop in market price to P10 per kilo. This is attributed to decreased demand post-holiday season and an alleged oversupply in the market. As a result, farmers are either giving away their produce or letting it rot. They are now seeking government assistance to mitigate their losses.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Farmers in Vintar, Ilocos Norte expressed dismay as market prices of bell pepper dropped to as low as P10 per kilo. This has led to losses experienced by farmers, with one of them saying he lost P20,000 already, according to a report on Unang Balita on Monday. Demand for bell pepper went down after the holiday season, and there were reports of alleged oversupply of bell pepper in the market. Affected farmers either gave away their produce or let the ...
Source: Gmanetwork
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