A slight increase is expected in Philippine beef production

Published 2024년 9월 5일

Tridge summary

The Philippine cattle farming sector has seen stagnant production due to limited land and high feed prices, despite imports of cattle genetics and live animals. This has prevented a significant increase in herd numbers or overall meat production. The sector has managed to maintain beef and carabeef production levels, but not enough to shift the industry's trend. The current situation is expected to be sustained, with any shifts from swine to cattle production due to the African Swine Fever outbreak only now reaching slaughter age. The commercial cattle sector makes up only 2% of the total cattle inventory, according to the Philippine Statistics Authority.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In recent years production has stagnated as inventories remain constrained due to limited land suitable for raising cattle and high feed prices. Increased imports of cattle genetics and live animals have resulted in the sector keeping pace with current beef and carabeef production but is not resulting in a meaningful increase in herd numbers or overall meat production. Inventory, slaughter, and beef / carabeef production all illustrate the stagnant nature of the sector supporting FAS Manila’s 2025 forecast for beef and carabeef production. Given that it takes two to three years to raise beef cattle from planning to plate, any shift from swine to cattle or carabao that occurred earlier on ...

Source: EuroMeat