The country’s frozen pork inventory as of January 10 grew by 2.3 percent week-on-week to 62,695.25 metric tons (MT), halting a five-week skid, latest government data showed.
Latest National Meat Inspection Service (NMIS) data showed that frozen pork inventory in cold storages rose by 2,458.68 MT from the 61,236.57 MT recorded volume last January 3.
NMIS data also showed that both locally produced and imported frozen pork grew on a weekly basis.
Locally produced pork in accredited commercial and in-house cold storages reached 1,403.01 MT, 435.05 MT higher than the 1,838.06 MT recorded on January 3 while imported pork increased by 1,893.75 MT week-on-week to 61,292.24 MT during the reference period.
The increase in the total frozen pork inventory was driven by higher volume in the cold storages of Regions 4A and 7.
NMIS data showed that frozen pork inventory in Region 7 ballooned to 4,347.23 MT from a mere 52.64 MT, while inventory in Region 4A reached 18,453.48 MT from 19,068.23 MT recorded on January 4.
However, NMIS data showed that frozen pork inventory in the National Capital Region (NCR) declined by 9.68 percent to 17,611.06 MT from 19,498.75 MT recorded on January 3. Furthermore, frozen pork inventory in Region 3 declined to 20,875.36 MT from 21,020.71 MT, NMIS data showed.
The frozen pork inventory covers stocks held by accredited commercial and in-house cold storage, which also includes meat processing plants and slaughterhouses.
The NMIS data also showed that the inventory of dressed chicken in cold storages nationwide as of January 10 grew by 4.5 percent to 28,377.17 MT from 27,154.04 MT recorded on January 3.
NMIS data showed that about 65 percent or 18,432.55 MT of the total dressed chicken inventory were imported while the remaining volume of 9,944.62 MT was locally produced.
NMIS data showed that locally produced dressed chicken in cold storages during the reference period declined by 7.15 percent from 10,711.08 MT while imported dressed chicken rose by 12.09 percent from 16,442.96 MT.
NMIS data showed the increase was driven by higher dressed chicken inventory in Regions 4A and 3. NMIS data showed that dressed chicken stocks in Region 3 rose to 9,496.54 MT from 9,045.92 MT, while inventory in Region 4A reached 9,418.32 MT compared to 8,506.15 MT last January 3.NMIS data showed that dressed chicken inventory in the NCR declined slightly to 5,518.87 MT from 5,678.58 MT.
Image credits: Nonie Reyes