UNDERSECRETARY ARTHUR YAP AND FOOD TERMINAL INC

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                    [ArticleID] => 244096
                    [Title] => Onion glut makes growers weep
                    [Summary] => The Department of Agriculture (DA) is stepping up measures to prop up onion prices, which dropped to a low of P5 per kilo last week due to an excess in supply.


Agriculture Secretary Luis Lorenzo Jr. said yesterday he would tap a P10-million credit window from the Quedan Rural and Credit Guarantee Corp. (Quedancor) to help onion growers establish post-harvest facilities and marketing support.


The onion glut is causing the steady decline in prices. Last week, it dipped to only P5 per kilo from about P12 per kilo in previous weeks.
                    [DatePublished] => 2004-03-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => News Commentary
                    [SectionUrl] => news-commentary
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Onion glut makes growers weep

By Rocel Felix | March 27, 2004 - 12:00am

The Department of Agriculture (DA) is stepping up measures to prop up onion prices, which dropped to a low of P5 per kilo last week due to an excess in supply. Agriculture Secretary Luis Lorenzo Jr. said yesterday...

News Commentary