DA sets maximum pork prices at P350-P380/kg

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Transcript

00:00The Department of Agriculture, or DA, announced the release of the basis for the maximum suggested retail price, or MSRP, on pork earlier today.

00:08While the MSRP on pork is currently being implemented in Metro Manila,

00:12the agency is mulling the possibility of expanding the implementation of the said policy nationwide.

00:18Mary Vel Custodio tells us more.

00:22Vegetable sells faster in Mayras Carindiria, since vegetable costs cheaper than meat.

00:27Even if they want it, they won't buy it because it's expensive.

00:33She expressed her gladness when pork prices dropped after the implementation of a maximum suggested retail price scheme in Metro Manila starting today.

00:41If it goes down, maybe the price will go down.

00:47The Department of Agriculture released the basis for the pork MSRP.

00:51Pork shoulder or kasim should cost at maximum P350 per kilo

00:55while pork belly or liempo is P380 per kilo, effective today.

01:00Pork retailers at Mega Qmart saw a P10 to P20 pork price drop in Farmgate.

01:05The price of pork belly and pork shoulder went up.

01:10Now, it went down by P10.

01:13What we got from them was a whole pig's head.

01:17Our pig's head is P305.

01:19It went down by P305 today.

01:22Before, it was P320 or P325.

01:25Although the pig's head price has also dropped, a maximum P300 per kilo will also be implemented for pig's head or the price from trader to retailer.

01:33The Agriculture Department will conduct a periodic review a month after the pork MSRP implementation.

01:39The DA will work hand-in-hand with the DTI and PNP on market inspection to ensure compliance with the proper pork prices.

01:46Although pork MSRP is currently implemented in Metro Manila,

01:50the DA is already looking at the cost structure in other regions to establish pork MSRPs there as well.

01:56Meanwhile, the Agricultural Group SINAG proposes to include vegetables, particularly onions, in the MSRP

02:02as the Farmgate price trend of onion has been low over the past two weeks.

02:06We can say that right now, the Farmgate price has dropped.

02:11The white is at P25 to P30 per kilo.

02:14The red is between P60 to P70.

02:18If this is the trend, we're suggesting to include MSRP so that consumers can benefit from the cheap Farmgate.

02:27If the white is at P30, then the MSRP should be P8, P7 or P8.

02:33The red should not exceed P100.

02:36SINAG is already coordinating with the DA on this matter.

02:40Vel Custodio, for the National TV Network, for a new and better Philippines.

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