Amid the prevalence of African Swine Fever (ASF), state-run lender Land Bank of the Philippines (LANDBANK) has doubled its credit commitment to the local swine industry from P15 billion to P30 billion. This, according to the bank, will help local pork producers and feed millers to repopulate and...
The tariff cuts on imported pork under Executive Order 128 is expected to result in P14 billion loss in government revenue, according to the Kilusang Magbubukid ng Pilipinas (KMP). A customer pays for pork at a roadside market stall in Mandaluyong City, Manila, the Philippines, on Sunday, March 14,...
The African Swine Fever (ASF) already resulted in billions of losses to the local hog industry since it was first detected here in 2019, but local hog raisers are yet to see sincere and effective rehabilitation efforts on the part of the government. In a statement, Kilusang Magbubukid ng...
A group of farmers rejected the Department of Agriculture’s proposal to Malacanang to declare a state of emergency to stop the continuing destruction of African Swine Fever (ASF) on the local hogs industry. In a statement, the Kilusang Magbubukid ng Pilipinas (KMP) doubted the DA’s proposal and...
The Department of Agriculture (DA) has been strongly urged to withdraw its proposal to reduce the tariff on pork imports as well as increase the Minimum Access Volume (MAV) allocation while the investigation on alleged “tongpats” is ongoing. Samahang Industriya ng Agrikultura (SINAG) Chairman...
It’s been only five days since the new government-mandated price ceiling on pork took effect, and small vendors and retailers are now appealing for aid and support. Kilusang Magbubukid ng Pilipinas (KMP) said small retailers, who are also consumers, are now in need of urgent aid and support from...
Despite the tightness in supply, the Philippine government is targeting to bring down the farm-gate price of pork in the country to P165 to P170 per kilogram (/kg), which is nearly double the commodity’s current retail cost of around P350/kg recently recorded at select markets in Metro Manila....
Agriculture lobby group Kilusang Magbubukid ng Pilipinas (KMP) asked the government to rule out importation in solving the supply and price crisis in the hog industry, which is now plagued by the fatal and highly contagious animal disease African Swine Fever (ASF). In a statement, KMP...