Increase in fertilizer prices, a bane to farmers

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The Kilusang Magbubukid ng Pilipinas (KMP) reported last August 12 that the price of fertilizer increase by ₱200-₱400/bag in the last two months. Data by the Department of Agriculture (DA) indicate that the price of prilled urea is ₱1,415.99 per bag, ₱1,393.32 for granular urea, ₱778.79 for ammosul, and ₱1,268.19 for complete. The prices are almost double the prices recorded during the previous year.

Fertilizer is applied to nearly 85% of rice fields and vegetable farms in the country. Farmers called on the DA to investigate the increase in prices, and urged the department not to liberalize the importation of expensive fertilizer. Simultaneous to fertilizer price increases, the price of petroleum products and pestices increased as well.

Increase in fertilizer prices, a bane to farmers