President Rodrigo Duterte has ordered to retain the 5 percent tariff on mechanically deboned meat (MDM), a decision in favor of the local meat processors to the dismay of local raisers. President Duterte issued Executive Order (EO) 123 to keep the tariff on MDM low at 5 percent, instead of...
The reimposition of the 40 percent tariff on mechanically deboned meat (MDM) will bring in additional P5.5 billion revenues to the country, but will only mean minimal increase in prices for consumers, according to Samahang Industriya ng Agrikultura (SINAG). SINAG made this case as it formally...
The government’s recently imposed suggested retail price (SRP) on pork is not working, at least based on the latest price monitoring report of the Department of Agriculture (DA). Based on the latest price monitoring report of the DA, the prevailing price of pork kasim at select markets in Metro...
The Department of Agriculture (DA) will attempt to facilitate the shipment of as much as 30,000 hogs from Visayas and Mindanao to Luzon in order to address what it calls “artificial” price increase of pork being experienced now in Metro Manila. The weekly shipments will commence next week...
The Department of Agriculture (DA) is considering temporary suspension of the inter-island movement of live hogs as the agency investigates the skyrocketing prices of pork in the country. A draft DA administrative order has called for "temporary suspension of inter-island movement to Visayas and...
Millers and traders are blaming the poor quality of unhusked rice being produced by farmers to the current low prices of the staple food. (MANILA BULLETIN FILE PHOTO) This was validated by Agriculture Secretary William Dar, who said consumers now prefer quality rice. In a statement, the Department...
While the decline in the country’s pork production is already a given amid the persistence of African Swine Fever (ASF), the US Department of Agriculture (USDA) released a surprising outlook on the Philippines’ chicken production, which it said might go down despite the assurance of the...
The Philippine government was urged to buy all locally produced palay as farm-gate prices sank to as low as P12.50 per kilogram (/kg), a move that may cost around P152 billion or a whopping 2,000 percent increase from the current budget of the National Food Authority (NFA) for its palay...
