Do we have an oversupply of poultry and pork in the domestic market? and senatorial candidate Imee Marcos asked the Department of Agriculture to suspend the supposed over importation of pork and chicken meat since there is already an oversupply of pork and chicken. Unfortunately, the governor’s press releases have confused members of media who are asking whether or not Marcos was batting for higher retail prices for pork and chicken to address the imbalance. If there is really an oversupply of pork and chicken in the country, then why are retail prices still high? A kilo of chicken now retails at P140-P160 and pork at P240-P250, slightly higher than the pre-holiday rates of P120-P140 per kilo and P200-P220, respectively.
Source: Philippine Star February 19, 2019 16:01 UTC