Tomato prices in the Philippines are down by more than 50% since July

Published 2024년 8월 13일

Tridge summary

Tomato prices in the Philippines have dropped significantly, reaching as low as P80 per kilo, leading to an oversupply and dumping of produce by farmers in Nueva Vizcaya. The Department of Agriculture (DA) is investigating the situation and working on solutions, including donating the surplus to Kadiwa stores or transporting it to Metro Manila. The DA is also considering the construction of agricultural infrastructures, such as post-harvest and cold storages, in key production areas to prevent future surpluses and extend the life of the produce.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

From a high of P200 per kilo last month, tomato prices have gone down to as low as P80 per kilo. Because of this low price, some farmers in Nueva Vizcaya have reportedly been dumping their tomato produce. Department of Agriculture (DA) Assistant Secretary Arnel de Mesa said they are now coordinating with their regional field offices in Cordillera Administrative Region and Cagayan Valley to check on the reportedsurplus. "Either ibigay sa Kadiwa (stores) or dalhin dito sa Metro Manila, tulungan doon sa mga trucking para makarating dito," De Mesa said. (The surplus could be donated to Kadiwa stores or brought here in Metro Manila. They just need help regarding trucking.) Based on the latest monitoring by the DA, tomato prices range from P80 to P120 per kilo. To avoid a big surplus on vegetable harvest, the DA is looking at possible areas to put up agricultural infrastructures. "Doon sa mga lugar na mga key production area, magkaroon ng tamang post-harvest and cold storages kasi those ...
Source: Gmanetwork

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