The Department of Agriculture (DA) has set suggested retail prices (SRP) for major agricultural commodities in a bid to protect consumers against price irregularities. “Under the Price Act, the DA is directed, whenever necessary, to issue a Suggested Retail Price or SRP for any or all basic necessities and prime commodities under its jurisdiction for the information and guidance of producers, retailers, and consumers,” DA secretary William Dar said in Friday. “We will conduct regular monitoring of these agri-fishery commodities to protect consumers against hoarding and profiteering of unscrupulous traders and cartels, who manipulate for their advantage the supply, distribution, marketing and prices of basic agri-fishery goods,” Dar said.

Imposition of SRPs on agri products starts in Metro Manila. (2020, February 23). Panay News, p. B1.