SRA provides free water, food, other forms of aid to affected farmers
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NewsTranscript
00:00Refined cane or white sugar fetches for 60 pesos a pop or kilogram at your typical Cadillo outlet in the megacity and elsewhere.
00:08A low price Filipino consumers have enjoyed for months could even drop with strange developments and allegations of price manipulation going on between sugar farmers and traders amid sugar production falling as a result of catastrophic ashfall from Mancalan's eruption yesterday.
00:23Our Charm Cespina has the full story.
00:26Sugarcane fields in Negros Occidental remain covered in ash after Mt. Canlaon's recent eruption.
00:33Photos from the Sugar Regulatory Administration show ashfall blanketing sugarcane farms in the region.
00:39La Carlota City which supplies 10% of the country's sugar is the most affected area.
00:45Harvestables will be affected so that's the scary part.
00:49We should make sure that this cane does not get affected because if not your buffer stock will be affected.
00:57The SRA has deployed water sprayers previously used during El Nino to help dissolve the ash.
01:03Relief operations by the SRA include the distribution of free water, food and other aid to affected farmers.
01:10The SRA reports no immediate impact on sugar supply and prices during the holiday season.
01:21Farmer groups are seeking assistance citing challenges from both the eruption and declining sugar prices.
01:40The pressure is low at this time of the day.
01:44And then come January, February they sell it at a higher price.
01:49The farm gate price they're buying now is only less than 50 pesos per kg and they're selling it more than 100.
01:58The farm gate price of sugar has dropped from 2,900 pesos to 2,400 pesos per sack.
02:05Negros Occidental 5th district representative Dino Yulo has called for an investigation into alleged sugar price manipulation.
02:12This situation is now alarming.
02:15These prices have fallen below production costs.
02:19This amount represents food on the table.
02:22Sugar man with dispute that this aberration is a product of artificial manipulation.
02:29Moreover, while the mill gate price of sugars dropped significantly, supermarket prices have remained the same consistently,
02:38creating a huge disparity that burdens both our small farmers and also our consumers.
02:45Small business owners like Nida have raised prices on goods such as leche flan and ube halaya by 10 pesos due to high sugar costs.
02:55We usually raise the prices because the price of eggs and milk is increasing.
03:03The prices of our products are also increasing.
03:07The price of sugar is from 8,000 to 4,000 pesos per sack.
03:1450 kilos of sugar.
03:16The SRA is scheduled to meet with the Department of Agriculture and Industry stakeholders to address these issues.
03:22The secretary is very concerned with the pricing.
03:26The supply side is fine.
03:29The supply is stable.
03:31There is no oversupply.
03:33We have a buffer.
03:35If there is any claim to it, it is up to the buyers of the farmer price.
03:45For now, the buying side of sugar is private sector controlled.
03:51Maybe it's either SRA or another government agency can do it.
03:56At least there is a little competition.
03:59For now, there is none.
04:01It's purely free market.
04:03For Balitang Pambansa, this is Sharmza Espina.