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DA centralized bidding to benefit farmers

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MANILA, Philippines Filipino farmers stand to benefit from lower prices of urea fertilizer following a centralized bidding conducted by the Department of Agriculture (DA) last April.

MANILA, Philippines Filipino farmers stand to benefit from lower prices of urea fertilizer following a centralized bidding conducted by the Department of Agriculture (DA) last April.

In a virtual press briefing Thursday, DA officials said the price of urea, a widely used fertilizer in the Philippines, dropped below P1,000 per 50-kg bag following DA’s successful centralized bidding. Previously, prices of urea were hovering at more than P1,100 per 50-kg bag.

The downward trend of urea prices shows that we’re on the right track in centralizing the bidding process, thus providing our farmers nationwide with affordable and reasonably-priced fertilizers, Agriculture Secretary William Dar said.

See full article at Philstar

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