Agribusiness sector ‘cautiously optimistic’ on industry growth in 2023

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Now that a shipment of imported onions is scheduled to arrive to alleviate the shortage, the worry is that since it will be arriving close to harvest season, it might substantially cut into the profit of local onion farmers. READ:

“The onion problem is a symptom of a problem,” Philippine Chamber of Agriculture and Food Inc. President Danny Fausto said in the organization’s monthly presscon.

“Since the order is released, I’d like to reiterate that these arrivals of onions should not exceed the month of January because our people in Nueva Ecija will have a full-blown harvest starting February,” Fausto said. “The proper importation, as what we agreed, some importation on the item that is really needed, but not to exceed what is supposed to be imported.

Which brings us back to why Fausto believes that onions are a symptom of a bigger problem. “Almost all commodities have the same problem: post-harvest facilities.”

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