The price of onions in the Philippines is in the world news again

Last season, onion prices in this country reached cosmic levels, surpassing the level of meat prices. Onion prices were higher than the monthly living wage in the country, making this vegetable unaffordable for a large part of the Philippine population, EastFruit analysts recall. Then even furniture stores began to accept onions as payment, or when it became fashionable to give bouquets of onions at weddings, or when pilots of passenger planes were arrested for trying to bring onions into the country. These problems could be avoided if the country's government would simply stop interfering in the market and let it take care of balancing supply and demand. However, last year's situation apparently did not teach them anything, because the highest level of regulation of the food market remains, and the country once again made headlines in the world press with information about onion prices. However, the situation is the opposite now - onion prices are so low that farmers are ...