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DA backs proposed P380/kilo max SRP on pork
The Department of Agriculture (DA) is considering implementing a maximum suggested retail price (SRP) for pork by March, with officials set to meet this week to finalize the proposed P380 per kilogram cap.
DA Secretary Francisco Tiu Laurel Jr. previously stated that pork prices exceeding P400 per kilogram are considered unreasonable, a sentiment echoed by farmers' group Samahang Industriya ng Agrikultura.
As of February 15, pork belly prices in Metro Manila ranged between P380 and P480 per kilogram, and pork shoulder prices were monitored between P350 and P420 per kilo.
DA spokesman Arnel de Mesa noted that while farmgate prices are not high, there is a significant price increase once pork reaches the markets.
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The Department of Agriculture (DA) is considering imposing a maximum suggested retail price (MSRP) on pork as early as March, pending the results of a market study.
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The Department of Agriculture (DA) will not impose a maximum suggested retail price (MSRP) for pork for the next two weeks, allowing for further consultations with industry stakeholders.
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The Department of Agriculture (DA) is considering implementing a "Pork-For-All" program, similar to "Rice-For-All," to combat high pork prices.
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