Senator Cynthia A. Villar said she is confident that the link and network established by the country’s hog producers with institutional markets—such as restaurants and hotels—will lessen their dependence on imported pork. HOG FESTIVAL 2024. Senator Cynthia Villar, Department of Agriculture...
The Bureau of Customs (BOC) incurred P3.4 billion in forgone revenues due to lower pork import tariffs, the Department of Finance (DOF) reported on Monday, Nov. 22. The tax collection losses stemmed from the government’s effort to boost the supply of pork and stabilize its retail prices in the...
The Department of Agriculture (DA) is now studying the possibility of imposing another suggested retail price (SRP) on pork amid rising retail prices, and is hoping to come up with a decision within the week. Agriculture Secretary William Dar said in a briefing on Monday that the government hopes...
The Philippine Association of Meat Processors Inc. (PAMPI) said that instead of expanding the market areas for imported pork under the minimum access volume (MAV) plus scheme, the Department of Agriculture (DA) should just allow the sale of frozen meat in wet markets. 41969 "PAMPI had previously...
The Philippines’ inventory of frozen pork is at historic high amid the continuous entry of imported pork while local pork output remained flat. 36134 Data from the National Meat Inspection Service (NMIS) showed that inventories of frozen pork in accredited cold storages in the Philippines have...
The country's largest pork producers group decried the low farm-gate prices, prompting them to launch a nationwide campaign, appealing to consumers to prefer local pork over imported. In a text exchange, Pork Producers Federation of the Philippines, Inc. (PPFPI) President Nonon Tambago said local...
Department of Agriculture (DA) Secretary William Dar bared that they are looking to release the suggested retail price (SRP) for imported pork within the week. (Photo courtesy of LANDBANK) In a virtual press briefing Wednesday, May 12, Dar said that the agency is currently finalizing the proposed...
The departments of trade and industry and the agriculture are finalizing within this week a price cap for imported pork which could even be lower than the existing price ceiling on pork. This was revealed by Trade and Industry Secretary Ramon M. Lopez during the Malacanang public press briefing of...