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DA urged to help lower agri input costs
The Philippine Star
|September 15, 2024
Farmers, hog raises and poultry farmers are urging the Department of Agriculture to prioritize solutions that will lower the prices of vital agricultural inputs.
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A comparison of the DA's Bantay Presyo data from May 1 to Sept. 5 showed a significant increase in the prices of essential agricultural inputs such as palm oil and corn which are key components in feed production.
During this period, the cost of 350 ml of palm oil rose by 8.06 percent, climbing from P27-P35 to P27-P40. Likewise, a 350 ml of coconut oil saw a 4.48-percent increase, with prices rising from P27-P40 to P30-P40. The price of corn experienced the most dramatic surge, jumping by 23 percent from P50-P80 to P60-P100.
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