The Department of Agriculture (DA) has put off the extension of the suggested retail price for onion with P250 per kilo due to the lower price range of the agricultural product after harvest season, Malacañang announced on Tuesday.
After the department issued a memorandum implementing P250 SRP, Presidential Communications Office (PCO) Secretary Cheloy Garafil confirmed that DA eyes P100-P150 per kilo of onion price for next month.
“The DA has deferred the extension of the P250 suggested retail price (SRP) due to the forecasted lower price range of onions following the harvest season,” said the PCO Secretary.
The decrease was also caused by the imported onion as the first batch already arrived in the country.
President Ferdinand Marcos Jr. has also planned programs to boost agricultural production including onions.
“On onions, we are putting together a program...to help farmers to increase their production. We’ll do this by increasing the area that is being planted (with) onions,” Marcos said.
“The DA will help by providing inputs. So the first part of that is we are going to the seed producers so that they will produce good seed that we can give to the farmers at some point. These will be used as inputs. And (provide them with) all that what they need,” he added.