SRA, tiniyak ang sapat na supply ng asukal at walang pagtaas ng presyo nito sa kabila ng pangambang pagbaba ng produksyon dahil sa banta ng El Niño
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00:00 The SRA promised that the supply of sugar will be sufficient and there will be no increase in its price despite the expected decrease in production due to the flood of El Nino.
00:11 That's what Clayzel Pardilla reported.
00:13 The soil has dried up and some of the plants in Negros Occidental have turned yellow,
00:20 which is one of the largest sugar producers in the country.
00:24 According to the Sugar Regulatory Administration, it hasn't rained for two to three months in some places in the province due to the effects of El Nino.
00:34 Because of this, of the 1,850,000 metric tons of sugar produced in 2024, it is feared to fall to 1,750,000 metric tons.
00:48 It quickly flourished and grew, but the plants that were planted last December did not grow.
00:54 You will get a better sugar content but you won't make up for your loss in tonnage.
01:01 Our progressive farmers in Negros, everybody's been complaining about drop.
01:06 In Batangas, the same thing. So this is all related to weather.
01:11 United Sugar Federation of the Philippines is worried.
01:14 There is a drop in production. Number one, we will be importing more because our production is lacking for the Philippines.
01:25 If they don't import the imported well harvested, the market price will drop.
01:30 At present, only 40% are farming and growing sugar while 60% are starting to plant.
01:39 El Nino will hit the market for a long time, until May. This means that the price could drop, including the price of rice in 2025.
01:47 It's safe to say we're going to have a 10 percent drop in production. That's safe to say.
01:54 Because of El Nino?
01:56 Yes. Those who have irrigation, then you have to gamble. You're going to spend more now, but at least you're going to get more sugar next year,
02:06 hoping that the price will be good, you'll be able to recover.
02:09 85% of sugarcane farmers in the Philippines are small or unable to water their crops.
02:16 They are the ones being targeted by the SRA.
02:18 Mitigation of the SRA, we've been distributing irrigation equipment to the small farmers, the black farms.
02:27 So that's why we're encouraging everybody to form a black farm so we can extend help to mitigate the dry spell.
02:34 Despite these threats, the SRA insisted that the supply of sugar is sufficient and there's no reason to increase the price.
02:43 Rest assured, the consuming public, we have the buffer stock. The government this year has made sure that we really have the buffer stock.
02:51 We have the inventory to make up for it. That's why we've been saying, as of this moment, we are not talking about importation because the supply is sufficient.
03:02 And the retail is declining.
03:05 Kelay Zalpardilla, for the people.