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The Department of Agriculture (DA) is withdrawing the maximum suggested retail price (MSRP) for pork on the request of industry players. It is, however, preparing to implement a more effective solution to lower meat prices in the face of a recent surge in African Swine Fever (ASF) cases. “While the industry tried to comply with […]
Agriculture Assistant Secretary Genevieve Velicaria-Guevarra, along with officials from the Department of Agriculture (DA) and representatives from Food Terminal Inc., visited New Marulas Public Market in Valenzuela City with primary focus on the implementation of maximum suggested retail price (MSRP) on both imported rice and local pork. This surprise visit followed a report from Valenzuela […]
The Department of Agriculture (DA) will implement a maximum suggested retail price (MSRP) for pork in National Capital Region wet markets starting next week, aiming to ease the financial strain on consumers grappling with high meat prices. The new pricing initiative considers the ongoing challenges facing the pork industry, particularly the lingering effects of African […]
Agriculture Secretary Francisco Tiu Laurel Jr. revealed plans to allocate the bulk of pork imports under the Minimum Access Volume (MAV) to meat processors, an impending decision awaited by the industry to ensure prices of processed meat products remain stable. Tiu Laurel said a significant portion of the MAV import quota will be set aside […]
Senator Cynthia Villar is upbeat that hog producers’ link and network with institutional markets such as restaurants and hotels will lessen their dependence on imported pork. While recognizing the Filipinos’ love for pork, Villar said it is imperative for our hog producers to provide consumers with good quality pork. “The love for pork of our […]
Senator Grace Poe urged the government’s economic team to “walk the talk” and ensure that prices of pork and rice are kept affordable for ordinary citizens after it recommended tariff cuts that could also spell lost revenue. “Our people expect the government’s economic team to live up to their avowed tenet of fiscal responsibility by […]
A lawmaker stressed the need for policies that can help bring down commodity prices, particularly food prices, as the inflation in April remained unchanged from the previous month at 4.5 percent. Marikina City Representative Stella Quimbo said the main contributor continues to be the inflation for food and non-alcoholic beverages, which made up 40.9% of […]
The Department of Agriculture (DA) has created a special committee to look into allegations of corruption in the allocation of meat import certificates under the in-quota Minimum Access Volume (MAV) scheme. “While we stand firm that the issuance of MAV in-quota allocation is above-board and non-discretionary, we have created a special committee to look into allegations […]
The price ceiling on pork and chicken stays, as it has undeniably contributed to taming the price surge of said two main food items, benefiting millions of Filipino consumers, particularly in Metro Manila, said Agriculture Secretary William Dar. “We will maintain it in the remaining days until April 8, as prescribed under EO 124,” Dar […]
In support of the implementation of the price cap, as per Executive Order 124, the Department of Agriculture (DA) will extend zero-interest loans as operating capital to market vendors’ associations in Metro Manila (MM) public markets. “This will enable them to buy pork carcasses directly from hog raisers and major agricultural commodities from farmers’ cooperatives […]