MANILA, Philippines — The Department of Agriculture (DA) believes that the implementation of the price ceiling has been effective in controlling the prices of pork in the country.
This, even if the P270 to P300 pesos per kilogram price cap was not followed in the past two months.
Prior to the price ceiling, pork products were sold at a staggering P450 pesos per kilogram specifically in February.
“Successful ang overall lahat ng measures towards the price cap at least hindi na umabot ng P400 (per kilo),” noted DA Secretary William Dar.
Now, prices of pork in Metro Manila markets range from P350 to P400 pesos.
The DA is currently looking into setting a suggested retail price after the lifting of the price ceiling for pork and chicken on April 8.
“We are looking at the SRP structure pero wala pa kaming recommendations. We will finalize before April 8,” Dar said.
The DA will also assess if it will continue the transport assistance for hog raisers from provinces delivered in Metro Manila.
A group of dealers and vendors in the Commonwealth market, opposes the setting of SRP but favors the implementation of a price cap.
“Mas lalong walang masusunod na presyo dyan kasi suggested retail price lang yan… pwedeng magkaroon sila ng dayaan mataas ang baboy si ganito, pwedeng magsinungaling,” said meat dealer Toto Rillo.
Meanwhile, the farmgate price of chicken decreased by P40 pesos per kilogram since March 12.
The United Broiler Raiser’s Association said this is the effects of the past holiday season and the reimplementation of the enhanced community quarantine (ECQ).
“May impact na talaga lack of purchasing power nung consumers, down talaga ang economy natin. Ang curfew nila ngayon is 6 o’clock. Malaki nawawala sa demand. kahit yung mga lechon manok apektado,” noted Atty. Bong Inciong of the United Broiler Raiser’s Association (UBRA).
UBRA favors the implementation of SRP provided that prices will be recomputed to reflect the appropriate price.
The group, on the other hand, opposes the implementation of the price ceiling.
“The price cap will be counterproductive because you are distorting the prices. maraming mawawalan ng gana because you are distorting the prices and the incentives to be produce or import to increase supply,” it said. –MNP (with reports from Rey Pelayo)