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DA: Some Metro wet markets switch to cheaper frozen pork

Filipino consumers can now avail of frozen pork in select Metro Manila wet markets, which is at least 25 percent cheaper than fresh pork, according to the Department of Agriculture (DA).

The DA price monitoring report showed that frozen pork liempo and kasim/pigue are now being sold in at least six Metro Manila markets as of Tuesday, May 4, 2021.

DA said frozen pork kasim/pigue are being sold in seven Metro Manila markets: New Las Piñas City Public Market, Guadalupe Public Market, Pamilihang Lungsod ng Muntinlupa, Pasay City Market, Pasig City Mega Market, Commonwealth Market and Mega Q-mart.

DA data showed that frozen pork kasim/pigue are sold from as low as P235 per kilogram to as high as P270 per kilogram, which is at least 30 percent lower than the P340 per kg to P380 per kg price range of its fresh counterpart.

DA data also showed that frozen pork liempo is being sold at as low as P275 per kg to as high as P300 per kg, which is at least 23 percent lower than its fresh counterpart that ranges from P360 per kg to P400 per kg.

DA said frozen pork liempo are available in New Las Piñas City Public Market, Pamilihang Lungsod ng Muntinlupa, Pasay City Market, Pasig City Mega Market, Commonwealth Market and Mega Q-mart.

The government has cut tariffs on pork imports in its bid to pull-down rising domestic prices through an influx of cheaper pork products from abroad.

President Duterte issued last month Executive Order 128 that cut pork tariffs to 5 percent for in-quota imports and to 15 percent for out-quota imports for the first three months of the measure, or until July 8. Afterwards, both tariff rates would increase by 5 percent for the next 9 months before it reverts to its 30 percent (in-quota) and 40 (out-quota) percent levels.

Backchannel negotiations between the Executive and Congress on a possible compromise over the rate by which pork tariffs will be cut, and the level by which the minimum access volume for pork importations would be increased are currently ongoing.

Agriculture Secretary William D. Dar earlier told the BusinessMirror that the government’s goal is to pull-down prevailing pork prices below P300 per kilogram through their twin proposal of reducing tariffs and hiking the minimum access volume for pork imports to 400,000 metric tons.

Read full article on BusinessMirror

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