2 Million Kilos Of Excess In Mangoes Supply, Prices Dropped

There’s An Excess Of 2 Million Kilos Of Mangoes From The Recent Harvest

2 MILLION – The Department of Agriculture (DA) had to deal with an oversupply of up to 2 million kilograms of sweet mangoes from the last harvest.

2 million
Photo taken from Agriculture Monthly

Due to oversupply of the sweet fruit, generous residents from Ilocus Sur reportedly gave them away for free hanging them in plastic bags outside their homes for passersby to take.

Meanwhile, the recent harvest ended up with a hefty 2 million kilos of excess supply of mangoes. This is a good news for the consumers, but a sad news for the producers as the prices have plummeted.

Secretary of Agriculture Emmanuel Piñol noticing the oversupply immediately sought alternative actions to deal with it.

In his statement, he calls for immediate action to ease the surplus of mangoes:

“We have to do something about this over the next two weeks . . . If we’re able to absorb even just the produce in Luzon, the surplus will ease in other areas.”

An extraordinary increase in mango fruits in the last harvest was reported by farmers. The unusual increase could be brought by the El Niño phenomenon.

Piñol mentioned about the last time they had this kind of massive harvest which happened back in 2016, also during the El Niño’s strike.

In the first few months of the year, the direct suppliers’ pricing of mangoes plummeted by at least 18% bringing the price down to P48.45 per kilo.

Currently, the state’s department for agriculture is making offers to sell the produce at a very low price of up to P25 per kilo. However, the offer comes with a condition: buyers must buy in bulks, the minimum purchase should be a least 4 metric tons.

While mangoes for exporting would cost P50/kilo if bought in a bulk of 4 metric tons.

On top of lowered prices, the department also looked into making connections between local farmers and shipping companies. They sought to increase the number of shipment to Hong Kong.

This is according to an article from Cebu Daily News.

Piñol also stated that Hong Kong is the biggest market for Philippines’ export-grade mangoes.

That is all there is to it, at least for now. We’ll post updates as soon as we got them.

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