Business · Philippines Bureau
Bukidnon sugar planters push for minimum P2,800 price per bag
Industry leaders in Bukidnon are calling on regulators to establish a floor price for raw sugar to protect farmer incomes as the province enters an early milling season. The proposal comes amid concerns about potential economic pressures from weather patterns.
LSN Philippines ·
VALENCIA CITY, BUKIDNON — A prominent sugar industry representative from Bukidnon province has appealed to regulatory authorities to implement a minimum price of P2,800 per 50-kilogram bag of raw sugar, citing the need for farmers to secure adequate returns.
The plea was made as Bukidnon prepares for an unusually early start to its milling season. Industry observers have expressed concern that external factors, including weather-related challenges, could significantly impact production and farmer livelihoods in the coming months.
The proposed price floor represents an effort to establish price stability in a sector vital to Bukidnon's economy. Sugar remains one of the province's key agricultural commodities, with thousands of farming families dependent on stable market conditions.
The call for intervention comes as the industry faces mounting uncertainties. Regulators have not yet responded to the proposal, though the timing suggests the matter may gain attention as the milling season approaches.