An omelette of a crisis: Why onion, egg prices are rising in Philippines

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An omelette of a crisis: Why onion, egg prices are rising in Philippines
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As the Philippines weathers a shortage in more food staples, critics are pushing President Ferdinand Marcos Jr to finally appoint an agricultural secretary. Read more at straitstimes.com.

MANILA – Eating onions and eggs is now beyond reach for some people in the Philippines.

The Department of Agriculture estimated that farmers would produce about 19,000 tonnes of onions in January, short of the projected 22,000-tonne demand this month. Mr Jayson Cainglet, executive director of farmers’ group Samahang Industriya ng Agrkultra, said they had urged the DA to import onions as early as Oct 2022, predicting that local production would not be enough to meet demand.

Two typhoons and a tropical storm also hit the Philippines in the last quarter of 2022, flattening some onion farmlands. In the past decade, several government-led investigations found that many traders who buy crops from farmers at low prices are also the ones importing and hoarding the same produce. But past administrations had failed to clamp down on these cartels.

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