Agri dept monitoring 'looming food crisis' amid pandemic, high oil prices

Job Manahan, ABS-CBN News

<div style="text-align:center">Video from PTV</div>MANILA— The Department of Agriculture (DA) on Wednesday warned of a &quot;looming food crisis&quot; in the country due to the COVID-19 pandemic, high fuel costs, and the impact of the Russia-Ukraine crisis. &quot;&#x27;Yung nakikita natin, maraming eksperto na rin ang nagsasabi na there is a looming food crisis... Dumating man ang krisis na talagang ito, food crisis, nakahanda tayo,&quot; Agriculture Secretary William Dar said in a public briefing. (What we are seeing is -- there are also a lot of experts saying there is a looming food crisis. This might happen but we are prepared.)Dar however said the Philippines is prepared for this challenge as it has enough supplies of food, and the DA is looking to further increase production.<ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/05/11/22/monde-nissin-posts-higher-q1-revenue-but-warns-food-crisis-looms">Monde Nissin posts higher Q1 sales, but warns global food crisis looms due to Ukraine war</a></li></ul>&quot;Dadagdagan pa, that must be clear. Ngayon pa rin ay magbanat-buto na para madagdagan pa ang produksyon.&quot;(We want to increase our food supply. We must work hard to increase our production.)The food crisis may start to be felt in the second half of the year, the Agriculture chief noted, when input prices soar and there will be little to buy in the global market.Dar is requesting additional funds for the agency&#x27;s Plant, Plant, Plant program which aims to provide fertilizer subsidy, and boost local feed production, food mobilization, and aquaculture and fisheries, he added. World oil prices have surged since Russia&#x27;s invasion of Ukraine.<ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/03/14/22/world-faces-food-crisis-due-to-ukraine-war">World faces food crisis due to Ukraine war, Russian billionaire says</a></li>	<li><a href="https://news.abs-cbn.com/business/03/24/22/p4-b-fertilizer-subsidy-allotted-for-farmers">DA allots P4 billion fertilizer subsidy for farmers amid soaring prices</a></li></ul>

The food crisis may start to be felt in the second half of the year when input prices soar and supplies run short in the global market.

Agri dept monitoring 'looming food crisis' amid pandemic, high oil prices | ABS-CBN

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Agri dept monitoring 'looming food crisis' amid pandemic, high oil prices

Agri dept monitoring 'looming food crisis' amid pandemic, high oil prices

Job Manahan,

ABS-CBN News

Published May 18, 2022 03:21 PM PHT

Read More:

food security

Department of Agriculture

looming food crisis

looming food crisis Philippines

Ukraine war

Ukraine invasion

coronavirus

William Dar

economy

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