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

2026/01/05 00:04
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

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)
$0.000000000933
$0.000000000933$0.000000000933
-0.42%
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 crypto.news@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.

You May Also Like

Stablecoins firm as Mastercard enables stablecoin settlement

Stablecoins firm as Mastercard enables stablecoin settlement

The post Stablecoins firm as Mastercard enables stablecoin settlement appeared on BitcoinEthereumNews.com. What Mastercard’s Crypto Partner Program is and how it
Share
BitcoinEthereumNews2026/03/12 10:44
South Africa launches HIV vaccine trial

South Africa launches HIV vaccine trial

South Africa HIV vaccine trial efforts are advancing after researchers launched the first locally developed HIV vaccine study on the continent.   South Africa expands
Share
Furtherafrica2026/03/12 09:30
UK Looks to US to Adopt More Crypto-Friendly Approach

UK Looks to US to Adopt More Crypto-Friendly Approach

The post UK Looks to US to Adopt More Crypto-Friendly Approach appeared on BitcoinEthereumNews.com. The UK and US are reportedly preparing to deepen cooperation on digital assets, with Britain looking to copy the Trump administration’s crypto-friendly stance in a bid to boost innovation.  UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent discussed on Tuesday how the two nations could strengthen their coordination on crypto, the Financial Times reported on Tuesday, citing people familiar with the matter.  The discussions also involved representatives from crypto companies, including Coinbase, Circle Internet Group and Ripple, with executives from the Bank of America, Barclays and Citi also attending, according to the report. The agreement was made “last-minute” after crypto advocacy groups urged the UK government on Thursday to adopt a more open stance toward the industry, claiming its cautious approach to the sector has left the country lagging in innovation and policy.  Source: Rachel Reeves Deal to include stablecoins, look to unlock adoption Any deal between the countries is likely to include stablecoins, the Financial Times reported, an area of crypto that US President Donald Trump made a policy priority and in which his family has significant business interests. The Financial Times reported on Monday that UK crypto advocacy groups also slammed the Bank of England’s proposal to limit individual stablecoin holdings to between 10,000 British pounds ($13,650) and 20,000 pounds ($27,300), claiming it would be difficult and expensive to implement. UK banks appear to have slowed adoption too, with around 40% of 2,000 recently surveyed crypto investors saying that their banks had either blocked or delayed a payment to a crypto provider.  Many of these actions have been linked to concerns over volatility, fraud and scams. The UK has made some progress on crypto regulation recently, proposing a framework in May that would see crypto exchanges, dealers, and agents treated similarly to traditional finance firms, with…
Share
BitcoinEthereumNews2025/09/18 02:21