The agricultural landscape in the Philippines is facing a significant challenge as the effects of El Niño start to manifest, particularly in the sugar industry. Sugar plantations in pivotal production areas, notably Kabankalan City in Negros Occidental and Batangas, are experiencing substantial impacts, as reported by the Sugar Regulatory Administration (SRA) via Bernadette Reyes on Unang Balita.
This climatic phenomenon has led to a noticeable dip in sugar production, with preliminary estimates indicating a decline of over 100,000 metric tons. From an initial target of 1.850 million metric tons, production figures have now dwindled to approximately 1.750 million metric tons. SRA Administrator Pablo Luis Azcona highlighted the severity of the situation, noting reductions of 20 to 30%, or even more in some cases. Progressive farmers in regions like Negros and Batangas have been vocal about the adverse effects, attributing these challenges to the prevailing weather conditions.
The United Sugar Producers Federation of the Philippines (UNIFED) stressed the critical need for adequate water resources, stating that sugar cane plants would thrive under normal conditions. However, UNIFED president Manuel Lamata warned of the long-term implications of the drought, projecting a tangible shortage in the sugar supply from September 2024 to 2025.
Lamata also expressed concern over the broader economic impact, emphasizing that reduced production inevitably translates to diminished earnings for farmers, potentially leading to increased sugar imports. However, in a reassuring development, the SRA has confirmed the presence of a substantial buffer stock of sugar, amounting to 200,000 metric tons. This strategic reserve is expected to stabilize the retail price and supply until the end of the milling season, ensuring that production consistently outpaces consumption during this period.
In a proactive response to these challenges, President Ferdinand Marcos Jr. has sanctioned the allocation of P5 billion to facilitate government purchases of sugar from farmers through the Philippine International Trading Corporation. This initiative aims to support local producers and maintain market stability, with the government-acquired sugar slated for sale between June and September 2024, preceding the onset of the next milling season.
As the nation grapples with the effects of El Niño on one of its key agricultural sectors, these concerted efforts reflect a commitment to supporting the livelihoods of farmers and ensuring a steady supply of sugar in the face of environmental adversities.
Comments are closed for this article!