Philippines: Pork producers decry low farm-gate prices

Published 2021년 9월 15일

Tridge summary

The Philippines' largest pork producers group, the Pork Producers Federation of the Philippines, Inc. (PPFPI), has launched a nationwide campaign urging consumers to support local pork over imported pork due to falling farm-gate prices and rising production costs. The campaign, 'MasMalinis, MasMasarap ang Sariwa! Eat Pinoy Pork ~ TatakFresh!', is a response to the influx of cheaper imported pork, which has led to low demand for locally produced pork and increased challenges for local hog farmers. The PPFFI attributes the situation to both low demand and the government's promotion of imported pork through its 'Presyong Risonable Dapat (PRD) Program: Frozen Meat Edition'.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

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 hog raisers have been dealing with falling farm-gate prices over the last four weeks, a situation worsened by rising production costs. “Farmgate (livehogs) prices all over the country dropped by 25 to 35 percent for the last four weeks while farm inputs like feeds keep on increasing. Pinoy hog farmers are suffering due to this situation. Some are expected to sell their hogs below cost,” Tambago said on Wednesday. As in other food producers and retailers in the Philippines, Tambago attributed this situation to low demand for the agricultural commodity as well as the continuous entry of cheaper imported meat in the country. United Broilers Raisers Association (UBRA) Chairman Gregorio San ...
Source: Mb

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.