THE Department of Agriculture (DA) said it is hoping to prevent swings in the price of chili pepper (siling labuyo) by compiling better data on planting, yieldsTHE Department of Agriculture (DA) said it is hoping to prevent swings in the price of chili pepper (siling labuyo) by compiling better data on planting, yields

Planting, demand data seen key to averting sili price spikes

THE Department of Agriculture (DA) said it is hoping to prevent swings in the price of chili pepper (siling labuyo) by compiling better data on planting, yields, and consumption, as well as encouraging other regions to plant the high-value crop.

In a statement, Agriculture Secretary Francisco P. Tiu Laurel, Jr. said the DA is focusing on improving data to guide production targets for chili pepper.

“We need to know how much we consume, how much we produce, and where the gaps are,” Mr. Laurel was quoted as saying in a statement. He said these statistics will determine how many hectares should be planted and how quickly the supply can be expanded.

The DA said the Bicol region, a leading production area, is typically in the path of many typhoons, leading to price volatility during the rainy season.

In September, prices hit P800 per kilo following weather-related supply disruptions, it said.

To address weather-related problems, the DA added that it is also looking into growing the crop in greenhouses and other typhoon-resistant structures designed to withstand strong winds, flooding, and prolonged rainfall.

Access to planting materials for chili and grafted bell peppers will also be expanded through the “Gulayan sa Bayan” program, it said.

The initiative aims to strengthen agri-entrepreneurship in 1,370 municipalities through the commercial production of high-value crops.

Mr. Laurel said more stable chili output could temper the downstream price impact on restaurants, food processors, and retailers. — Vonn Andrei E. Villamiel

Market Opportunity
PEPPER Logo
PEPPER Price(PEPPER)
$0.000000001163
$0.000000001163$0.000000001163
+0.77%
USD
PEPPER (PEPPER) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.