Imported onions may arrive in the country between the last week of January & the first week of next month if President Ferdinand Marcos Jr. approves a plan by the Department of Agriculture to source 22,000 metric tons of the agricultural commodity. READ:
On the other hand, local white onions sell from P450 to P600 per kilo, also higher than the P80 selling price a year ago.
The DA official did not give a categorical answer on whether the agency would impose another price cap on imported onions, saying only that they would closely monitor the situation. “At times, it is this cartel that has been creating artificial demand to allow [an] increase in demand and they will control the supply, so that is what we need to address,” she said.
But in 2022, the Bureau of Animal Industry allowed the importation of 724,532 kilos of meat, even if the 1.7 million kilos of locally produced meat was almost equal to the 1.73 million kilo demand, she noted.
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