Produksyon ng asukal, mas mababa sa target sa gitna ng epekto ng El Niño | Saksi - video Dailymotion

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Transcript

00:00 The expected production of sugar in the country is lower than the target

00:04 due to the El Niño effect.

00:06 Will this result in a new high price?

00:09 Learn from the testimony of Bernadette Reyes.

00:12 Some parts of this plant are already dried in Kabankalan City, Negros Occidental.

00:21 Due to the effect of El Niño, the amount of sugar obtained from the plants is less.

00:26 According to the Sugar Regulatory Administration, 1.75 million metric tons

00:32 or more than 100,000 tons is the target

00:36 for the expected production of sugar by farmers.

00:40 Sometimes 20-30% or even more decrease in the amount of sugar.

00:44 Our progressive farmers in Negros,

00:47 everybody's been complaining about the drop.

00:50 In Batangas, the same thing.

00:52 So this is all related to weather.

00:54 Water is a big thing for the growth of crops

00:57 according to the United Sugar Producers Federation of the Philippines or UNIFED.

01:01 But due to the effect of El Niño,

01:04 The effect of this drop will be next crop year starting September of this year

01:08 all the way to 2025.

01:10 We feel that we are short again.

01:13 This is concerning.

01:14 If you have less production, there will be less money for the farmer.

01:17 That's how it's going to be.

01:19 And we're going to be importing more sugar.

01:21 That's how it is.

01:22 According to the Sugar Regulatory Administration,

01:25 even if the production of sugar decreases,

01:27 consumers should not worry.

01:30 Even businesses are using sugar

01:32 because there is enough buffer stock

01:34 that can reach 200,000 metric tons.

01:37 If the drop in production happens,

01:42 we have the buffer stock.

01:43 So retail is not supposed to go up based on that.

01:48 That will stay until milling ends.

01:51 So we will always have a buffer.

01:53 Because if it's milling season,

01:55 we harvest,

01:57 our production is overconsumption.

01:59 Meanwhile, President Bongbong Marcos

02:03 approved a 5 billion pesos fund

02:05 to buy sugar from farmers

02:09 through the Philippine International Trading Corporation.

02:12 It is expected to be sold on the market from June to September

02:16 before the new milling season begins.

02:20 For GMA Integrated News,

02:22 Bernadette Reyes, your "Saksi."

02:24 [music]

02:26 Kapuso, let's be "Saksi" together!

02:30 Subscribe to GMA Integrated News on YouTube.

02:32 And for Kapuso Abroad,

02:34 join us on GMA Pinoy TV

02:36 and www.gmanews.tv.

02:40 [music]

Produksyon ng asukal, mas mababa sa target sa gitna ng epekto ng El Niño | Saksi

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