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Garlic, egg max SRP eyed
The Department of Agriculture (DA) is considering imposing maximum suggested retail prices (MSRP) for garlic and eggs to curb possible profiteering.
However, DA Secretary Francisco Tiu Laurel Jr. clarified that the proposed measure is on hold as the agency is currently focused on controlling rice and pork prices.
A previously shelved proposal for a garlic max SRP may be implemented if prices spike again, as the Philippines imports around 95% of its garlic supply.
Egg prices, ranging between P6 and P8, are also being monitored by the DA.
Factors contributing to egg price fluctuations include rising demand fueled by election spending and higher chicken mortality caused by soaring temperatures.
The DA has also set maximum SRPs for imported rice, pork belly, and pork shoulder.
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The Department of Agriculture (DA) has set a maximum suggested retail price (SRP) of P45 per kilo for imported rice starting March 31, 2025.
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The Department of Agriculture (DA) is intensifying its monitoring to enforce the Maximum Suggested Retail Price (MSRP) for pork, set at P380 per kilo for liempo and P350 per kilo for kasim and pigue in wet markets across the National Capital Region.
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The Department of Agriculture (DA) will implement a maximum suggested retail price (MSRP) of P45 per kilo for imported rice starting March 31, 2025.
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Department of Agriculture (DA) Secretary Francisco Tiu Laurel Jr. is leaning towards recommending a slight and gradual increase in tariffs on imported rice during the next review in June.
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