• 10 months ago
Unang Balita is the news segment of GMA Network's daily morning program, Unang Hirit. It's anchored by Arnold Clavio, Susan Enriquez, Ivan Mayrina, and Mariz Umali, and airs on GMA-7 Mondays to Fridays at 5:30 AM (PHL Time). For more videos from Unang Balita, visit http://www.gmanetwork.com/unangbalita.

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Transcript
00:00 El Niño's effect is already felt in the production of sugar in some parts of the country.
00:05 The Sugar Regulatory Administration confirmed that there is a buffer stock of sugar and that its price does not need to be increased.
00:11 Here's the first news, Bernadette Reyes.
00:14 Some parts of this plant are already dried in the Kabankalan City, Negros Occidental.
00:22 Because of the effect of El Niño, the amount of sugar that is extracted from the plants is already less.
00:28 According to the Sugar Regulatory Administration,
00:30 1.75 million metric tons or more than 100,000 tons of sugar is being produced by farmers.
00:41 Sometimes 20-30% or even more decrease in the tonnage.
00:45 Our progressive farmers in Negros, everybody's been complaining of a drop.
00:50 In Batangas, the same thing. So this is all related to weather.
00:55 Water is a big thing for the growth of crops, according to the United Sugar Producers Federation of the Philippines or UNIFED.
01:02 But because of the effect of El Niño,
01:04 The effect of this drought will be in the next couple of years, starting September of this year all the way to 2025.
01:11 That's when we'll feel that we're short again.
01:14 It is concerning, if you have less production, there will be less money for the farmers.
01:18 That's how it's going to be and we're going to be importing more sugar.
01:23 According to the Sugar Regulatory Administration,
01:25 even if the production of sugar decreases, consumers should not worry.
01:30 Even businesses are using sugar because there is a sufficient buffer stock of 200,000 metric tons.
01:38 The drop in production, if it happens, we have the buffer stock.
01:44 So retail is not supposed to go up based on that.
01:49 That will stay until milling ends.
01:52 So we will always have a buffer because if it's milling season, we harvest,
01:58 our production is overconsumption.
02:00 Meanwhile, President Bongbong Marcos approved a 5 billion pesos fund to buy sugar from farmers through the Philippine International Trading Corporation.
02:13 It is expected to be sold in the market from June to September before the new milling season begins.
02:20 This is the first news, Bernadette Reyes for GMA Integrated News.
02:26 [music]

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