Pilipinas, mag-eexport na ng asukal sa U.S.; planong pag-aangkat naman ng asukal, pinag-uusapan na ng SRA at D.A.
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00:00Aside from sugar, the Sugar Regulatory Administration is also targeting to export raw sugar in America.
00:07Meanwhile, the Rise for All Program of the Department of Agriculture is scheduled for tomorrow.
00:13Clay Salpardilla is in the news, live.
00:20Angelique, two sugar orders are planned and possible to be issued by the SRA this month of July.
00:27One of them is the export of raw sugar, and the other is the import of refined white sugar.
00:37The Sugar Regulatory Administration is already planning to export raw sugar in the United States.
00:44According to SRA Administrator Paul Azcona, it is possible to export 25,000 metric tons to the Philippines.
00:54To clarify, the Philippines is exporting sugar to the United States.
00:59This is considered a commitment by the United States as a long-time trade partner and a member of the World Trade Organization.
01:07This is also being done whenever the supply of raw sugar peaks or drops.
01:15In 2021, the Philippines was the last country to export sugar to the United States
01:20because the country prioritized its own needs for the next few years.
01:24That's actually 143,000 metric tons.
01:27So they reconsidered 25,000 and we were just informed in April.
01:33They will export, then they will be allowed to import.
01:37So they export raw, they import refined.
01:41The formal order for export is already in place.
01:45In addition, SRA and Agriculture Secretary Francisco Tio Laurel Jr. are discussing the plan to import sugar.
01:53Tio Laurel Jr. first said that 200,000 metric tons of refined white sugar or puting asukal should be imported
02:03in order to fill the expected shortage in the low-supply period in August or September or before the harvest.
02:13As of now, the supply of sugar in the country is still at 800,000 metric tons
02:18while the monthly demand is at 242,000 metric tons.
02:23This means that the supply of sugar will only last for more than three months.
02:28Opening of milling is September 15.
02:31However, we have to remember that we need at least a two-month buffer stop all the time to keep the prices stable.
02:39One of our marching orders is to import if we need it and when we need it
02:44and the volume should be sufficient not to affect our local farmers
02:49and to always ensure that the retail consumers have a stable supply.
02:54SRA promised to increase the production of sugar.
03:00This year, the start-up capital will be distributed to cooperative sugarcane farmers
03:09who will be able to use it to buy sugarcane, oil, and other agricultural needs.
03:1566 million pesos will be distributed to those affected by El Niño
03:22as well as those who were given free irrigation, tractors, and other agricultural needs.
03:29Meanwhile, the rise for all program of the Department of Agriculture is scheduled for tomorrow, July 12, 2024.
03:36It was signed by Agriculture Spokesperson and Assistant Secretary Arnel De Mesa.
03:42It is expected to be able to buy 45 to 48 pesos per kilo of rice
03:47from Kadiwa Stores in Metro Manila and Bulacan.
03:51It is cheaper than the rice sold in the market
03:55Based on the price monitoring of the DA, the regular milled rice is priced at 45 to 52 pesos
04:02while the well-milled rice is priced at 48 to 55 pesos.
04:09Anjali, it is expected that Kadiwa Stores will have 13 stores
04:13where not only rice 29 will be available
04:17but also the rise for all program of the Department of Agriculture.
04:23Anjali?
04:24Yes, Clay?
04:25Why do we need to export raw sugar
04:29when we still need to import to increase our supply?
04:39Yes, Anjali.
04:40Sometimes, they say give and take.
04:42America needs raw sugar that is within 25,000 metric tons.
04:47So, that is what the Philippines can provide.
04:53We also need 1,000 metric tons of refined white sugar.
04:58That is what America can provide
05:01because the Philippines and America are long-time trade partners
05:05and also have a commitment to the World Trade Organization.
05:08Anjali?
05:09Alright, thank you very much.
05:11Clayzel for DIA.