Manila Bulletin
DA eyes higher share for meat processors in pork import quota
The Department of Agriculture (DA) is considering allocating the majority of the 55,000 metric tons (MT) of pork under the minimum access volume (MAV) quota to meat processors to help stabilize market prices.
Agriculture Secretary Francisco Tiu Laurel Jr. stated that the general direction is to allocate 30,000 MT to meat processors, as current pork prices in Metro Manila are exceeding P400 per kilogram.
The DA attributes the high pork prices to the lingering effects of the African swine fever outbreak.
Additionally, 15,000 MT will be retained by agencies like the Food Terminal Inc. (FT) or Planters Products Inc. to manage prices, while the remaining 10,000 MT will be distributed to traders.
Pork imports within the MAV quota benefit from a lower tariff of 15% compared to the standard 25% under Executive Order 50.
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The Department of Agriculture (DA) is considering a lower import tariff system for pork, involving the Food Terminal Inc. (FTI) and Planters Product Inc. (PPI), to help stabilize and reduce rising pork prices.
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The British Chamber of Commerce Philippines (BCCP), along with importers and trader groups, is urging the government to expedite the release of Minimum Access Volume (MAV) allocations to importers to prevent trade disruptions and rising food inflation.
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