00:00The Sugar Regulatory Administration is concerned about the effect of ashfall on hundreds of hectares of land in Negros Occidental after the volcano Kadlaon erupted.
00:11According to the SRA, the eruption of the volcano affected the land in La Carlota City, which produces 10% of the country's sugar production.
00:20The SRA supports the request of the Negros Occidental representative, Atty. Dino Yulok, to investigate the manipulation of chickens in the price of sugar.
00:30From Php 2,900 per sack of sugar, the farm gate price dropped to more or less Php 2,400.
00:39But the prices in the markets are not changing.
00:43This situation is now alarming.
00:46These prices have fallen below production costs.
00:50This amount represents food on the table.
00:53This aberration is a product of artificial manipulation.
00:57Moreover, while the mill gate price of sugars dropped significantly, supermarket prices have remained the same consistently,
01:06creating a huge disparity that burdens both our small farmers and also our consumers.
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