Onion farmers in Iloilo record highest buying price
Bulb onion farmers in the southern towns of Iloilo province saw the buying price of their produce reaching unprecedented levels of between P45 to P50 per kilo, Agriculture Secretary Emmanuel Piñol said.
With financing support from the Production Loan Easy Access (PLEA) Program of the Agricultural Credit Policy Council (ACPC) of the Department of Agriculture (DA), the farmers also increased their production to an average of 11 metric tons (MT) per hectare.
Miagao Mayor Macario Napulan, as cited by Piñol, said that the P20-million PLEA fund provided by ACPC resulted in the expansion of the bulb onion farms from about 50 hectares two years ago to 210 hectares located in Miagao and Oton towns.
According to Piñol, during the harvest festival in Barangay Durog in Miagao, two outstanding bulb onion farmers reported that they earned about P200,000 from a 3,000-square meter where they planted onions.
After paying their PLEA loan amounting to P45,000, each of them earned a net income of P150,000 after only three months.
“Bulb Onion and Garlic are planted in the southern towns of Iloilo during the off-planting season in rain-fed rice areas. Low prices because of unabated smuggling, however, discouraged farmers resulting in the reduction of the planted areas,” Piñol said.
Moving forward, a cold storage facility is scheduled to be constructed in Miagao this year as farmers in Southern Iloilo aim to expand their planted area to 2,000-hectares.