Philippines monitors US poultry shipments
Following reports that traders may soon begin boarding
poultry stock to raise domestic prices, the Philippines Department of
Agriculture is closely monitoring the entry of imported poultry from the United
The Philippines is set to begin receiving US poultry imports this week, up
until the end of the year.
â€œSince legitimate traders already announced they may not subscribe to the
entire authorised volume of 5 million kg, there could be individuals or
companies that might take advantage of the situation. The department
is keeping an eye on
traders that will be bringing in imports,â€ Agriculture Secretary Arthur Yap said
Agriculture Undersecretary for Livestock and Fisheries Jesus Paras has said
the government will be vigilant.
â€œHoarding is common practice among traders. What we can do is to strictly
monitor the arrival of shipments and make sure we get whatever is the authorized
volume only,â€ he said.
The price of live chicken at the farm level has risen by about 20
pesos (100 pesos = 1.55 euro) per live weight, indicating that demand is
outpacing supply. Prices at the wet markets ranged from P120 to P130 per kg
while groceries sell whole and cut-up chicken parts from P95 to P114 per kg.
Yap noted the poultry industry supplied consumers with 610,096 mt of
poultry meat in 2005, with a lower level of 605,385 mt projected for this
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