Tuesday, January 31, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home News

High transport costs push food prices up

Othel V. CamposbyOthel V. Campos
March 21, 2022, 12:55 am
in News, Top Stories
Reading Time: 4 mins read
A A
Share on FacebookShare on TwitterShare on Email

Prices of basic food items have already risen by as much as P60 in some markets in Metro Manila following 11 straight weeks of increases in the pump prices of petroleum products in the country.

OIL OPPORTUNITY. Copra farmers walk barefoot with full loads as they try to take advantage of high prices for their products due to the continuous increase in the prices of crude oil at Sitio Hubsan Bayan in Javier, Leyte on Sunday. Robert Gines

This as the Department of Agriculture (DA) said prices of agricultural commodities are likely to increase in the next few days, as costs of fuel and transportation have been weighing heavily on recent agricultural production.

In a GMA “24 Oras Weekend” report, market sellers said the increases are due to the higher costs of transporting products from their suppliers in the provinces to the National Capital Region.

At the Trabajo Market in Manila, price hikes were recorded in the per-kilogram rates of chicken to P180 from P170; pork kasim/pigue to P370 from P350; liempo to P420 from P340 to P360; tomatoes to P140 from P80; ampalaya to P140 from P100; and carrots to P140 from P100.

The same trend was recorded at the Commonwealth Market in Quezon City. Chicken was at P140 to P165 from P120 to P140; bangus to P240 from P200; kasim/pigue at P330; liempo at P350; tomatoes to P100 from P60; broccoli and carrots to P120 from P100; pechay baguio to P70 from P60; eggplant to P60 from P50; and ampalaya to P150 from P100.

ADVERTISEMENT

Agriculture Assistant Secretary Kristine Evangelista said the increasing price of agricultural inputs may contribute to an impending increase in the prices of agricultural produce.

“If there are movements in transportation costs and the price of agricultural inputs, the price of agricultural commodities will be affected,” she said over the weekend.

This comes after an umbrella group of agricultural organizations warned consumers last week to brace for an increase in the price of rice.

According to the Samahang Industriya ng Agrikultura (SINAG), fuel accounts for 60 percent of their production cost as they use tractors, machineries, and mills.

Palay farm gate prices may go up by at least P3, SINAG president Rosendo So said.

Aside from rice, the country’s major agricultural crops are corn, coconut, sugarcane, banana, cassava, pineapple, and vegetables.

The major livestock products are hog, cattle, carabao, goat, and dairy products. Chicken and duck are the leading poultry products. Having vast stretches of coastlines, the Philippines boasts of an abundance in fish species.

But the almost dozen straight weeks of increases in pump prices have seen both gasoline and diesel prices breach the P80 mark in some areas.
“So far, there is no advisory yet from the DA Consumer Affairs.

However, based on the cost structure, we see movements in prices including cost of production and transport and logistics, as well,” she added.

While the DA acknowledges the pending hike in the price of agricultural commodities, the Department of Trade and Industry (DTI) said there should not be any increase in the price of manufactured goods, and even for other agricultural foods, particularly staples like rice.

“Before a price increase is considered, please note there are other (means to) support lower prices for consumers. For rice, the Rice Tariffication Law provides big support to rice farmers. And the DA is giving fuel vouchers,” Trade Secretary Ramon Lopez said.

Under the Rice Tariffication Law (RTL), farmers receive financial support of over P10 billion per year, for procurement of seeds, machineries, and fertilizers.

Lopez added the government is also pushing to remove pass-thru fees in all local government units, a measure intended to lower transportation costs.

He said LGUs were asked to build buffer stocks of rice since they can buy directly from farmers, and they can borrow funds from government financial institutions (GFIs) like the Development Bank of the Philippines (DBP) and the Land Bank of the Philippines.

“We also encourage and promote modes of direct selling to supermarkets to minimize transactions through middlemen. This is a program to sell cheaper rice in participating supermarkets and retailers,” he added.

The DTI is also pushing to deploy more Diskwento Caravans, where manufacturers and producers are given the opportunity to directly sell to consumers, at cheaper prices.

“When we cut middlemen, we were able to sell the status quo, particularly for rice and pork products,” Lopez said.

The DTI is set to pilot test permanent Diskwento Caravans in select LGUs and ambitions to replicate the same in all LGUs nationwide.

Tags: Metro ManilaOil price hikeprices
ADVERTISEMENT
Othel V. Campos

Othel V. Campos

Related Posts

PBBM rolls out 5-year dev’t plan

byVito Barceloand1 others
January 31, 2023, 1:40 am
0
8
Arcilla, Kinaadman to dispute Brookside Open title

Signs EO for economic recovery to uplift lives of ordinary Pinoys President Ferdinand Marcos Jr. has signed an executive order...

Read more

Mr. Marcos says education system ‘failed’ the children

byVince Lopezand1 others
January 31, 2023, 1:30 am
0
8
Tiamzons killed in boat explosion? Military mum on details of incident

President Ferdinand Marcos Jr. on Monday said the education system has “failed” Filipino children as he vowed to do better...

Read more

WHO declares COVID still global crisis, pandemic at transition point

byAFP
January 31, 2023, 1:20 am
0
8
Can’t afford onions per kilo? DA says buy per piece

Geneva—Three years to the day after the World Health Organization (WHO) sounded the highest level of global alert over COVID-19,...

Read more

Fuel price hikes: Gas up P1.30/l, diesel by P1/l

byAlena Mae S. Floresand1 others
January 31, 2023, 1:10 am
0
8
Senate-Comelec accord

Domestic pump prices went up for the third consecutive week by as much as P1.35 per liter effective 6 a.m....

Read more

Enrile slams ICC, suggests probers’ arrest for interfering

byRey E. Requejoand1 others
January 31, 2023, 1:00 am
0
8
Sen. Imee Marcos commemorates martial law’s 50th year

Presidential Chief Legal Counsel Juan Ponce Enrile on Monday recommended that investigators working for the International Criminal Court (ICC) be...

Read more

Power snaps may hit rural areas

byAlena Mae S. Flores
January 31, 2023, 12:50 am
0
8
Napocor seeks higher charges

State-run National Power Corp. warned on Monday about year-long daily power interruptions affecting 1.3 million households in remote islands and...

Read more

Print Edition

View More

Recent Posts

  • Sneakers for Makati : AB4.0
  • PBBM rolls out 5-year dev’t plan
  • Mr. Marcos says education system ‘failed’ the children
  • WHO declares COVID still global crisis, pandemic at transition point
  • Fuel price hikes: Gas up P1.30/l, diesel by P1/l
  • Enrile slams ICC, suggests probers’ arrest for interfering
  • Power snaps may hit rural areas
  • Poll: 49% of Pinoys see life improving

Advertisement

Latest News

Enrile slams ICC, suggests probers’ arrest for interfering

byRey E. Requejoand1 others
January 31, 2023, 1:00 am
0
8
Sen. Imee Marcos commemorates martial law’s 50th year

Presidential Chief Legal Counsel Juan Ponce Enrile on Monday recommended that investigators working for the International Criminal Court (ICC) be...

Read more

Power snaps may hit rural areas

byAlena Mae S. Flores
January 31, 2023, 12:50 am
0
8
Napocor seeks higher charges

State-run National Power Corp. warned on Monday about year-long daily power interruptions affecting 1.3 million households in remote islands and...

Read more

Poll: 49% of Pinoys see life improving

byManila Standard
January 31, 2023, 12:40 am
0
8
VP rolls out ‘Libreng Sakay’ project in 4 key areas

Nearly half of adult Filipinos believe their quality of life will improve in the next 12 months, a recent poll...

Read more

PBBM vows ‘all possible aid’ to Ranara family

byVince Lopezand1 others
January 31, 2023, 12:30 am
0
8
PBBM vows ‘all possible aid’ to Ranara family

President Ferdinand Marcos Jr. on Monday vowed to extend all possible assistance to the family of Jullebee Ranara, the 35-year-old...

Read more

SC nullifies SEC memo on CPAs, external audits

byRey E. Requejo
January 31, 2023, 12:20 am
0
8
Omicron now dominant virus variant in US

The Supreme Court has nullified for being unconstitutional the memorandum circulars issued by the Securities and Exchange Commission that required...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App