BACOLOD CITY: The United Sugar Producers Federation of the Philippines (Unifed) has urged the sugar planters in the country not to sell their sugar to private companies at low prices as the government has allocated an initial budget of P5 billion to directly purchase sugar from farmers at a premium price.
"To my fellow sugar planters, do not sell your sugar yet at this low price. Wait a little more because our President has stepped in to help the sugar farmers and thank you for never doubting his concern for our industry," Unifed president Manuel Lamata said in a statement.
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