National agri loses P7B,
sugar industry P1.21B
BY CARLA GOMEZ
The sugar industry lost P1,210,969,409 to super typhoon Yolanda, a report from Sugar Regulatory Administrator Ma. Regina Martin said yesterday.
This represents 931,514.93 Lkg of sugar, or 2.79 percent of the country’s production, she said.
Agriculture Secretary Proceso Alcala said the damage to the country’s sugar is minimal because sugarcane is a resilient crop.
But two sugar mills – Bogo-Medellin Milling Co. Inc. in Cebu and Ormoc Sugar Co. in Ormoc - have been damaged by “Yolanda” and will not be able to resume milling of cane in their areas for some time, Martin said.