Pork prices should remain stable as

DESPITE the havoc caused by Typhoon Frank on major hog-producing areas in the Visayas, hog raisers belonging to the National Federation of Hog Farmes Inc. (NFHFI) said the price of pork at the retail level should remain stable as there is no shortage of hogs.

NFHFI president Albert Lim Jr. said  commercial hog raisers did not suffer significant damage.

“Any price increase is not warranted, since we still have enough pork supply,” said Lim an interview.

The NFHFI official, however, admitted that backyard raisers in Western Visayas were heavily affected by the storm.

Lim disclosed  stakeholders in the hog industry and the Department of Agriculture (DA) met on Monday to discuss the situation of the hog industry. He said, however, that the DA itself did not yet disclose the exact figures on the damage suffered by the entire hog industry.

Based on figures from the Bureau of Agricultural Statistics (BAS), an attached agency of the DA, pork liempo sells at an average of P180 per kilogram in wet markets.

He, however, hinted at the possibility that the poultry sector may have suffered more damage as they use less sturdy material to house the chicken, unlike commercial raisers who build pig pens using cement.

Meanwhile, Lim said, Singapore traders are set to arrive in the Philippines sometime in August for a trade mission.

Singapore traders are set to inspect the Matutum Meat Packing Plant, the only meat plant accredited by the Singaporean government to export pork.

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Pork prices should remain stable as there’s no hog shortage, say hog raisers

DESPITE the havoc caused by Typhoon Frank on major hog-producing areas in the Visayas, hog raisers belonging to the National Federation of Hog Farmes Inc. (NFHFI) said the price of pork at the retail level should remain stable as there is no shortage of hogs.