Vegetable prices are expected to stabilize by March next year after the Northeast Monsoon season ends, said Agriculture and Food Security Minister Datuk Seri Mohamad Sabu.
He explained that unpredictable weather has reduced the supply of vegetables, leading to price hikes.
"Every monsoon season, this issue arises, and we have received reports indicating a rise in vegetable prices. We anticipate that the issue will be resolved by March next year, with the Federal Agricultural Marketing Authority (FAMA) playing a key role in ensuring adequate vegetable supply in the affected states," he told reporters at the Bunga Raya Area Farmers Organisation today.
Earlier, Mohamad distributed Phase 2 of the special cash assistance to 10,628 padi farmers in Kelantan affected by this year's floods, amounting to RM6.3 million. Mohamad revealed that initial losses in Kelantan's agricultural sector due to floods since last month are estimated at RM33.2 million, affecting 4,888 individuals.
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