Pork Prices Rise Due to Increased Production Costs, Says Producers Group

The Pork Producers Federation of the Philippines Inc. (PPFP) has attributed the rising pork prices in the market to the increased costs of farm inputs and production.

Rising Farm-Gate Prices

In an interview on Dobol B sa G TV, PPFP president Rolando Tambago explained that the farm-gate price of pork has climbed to an average of P210 per kilo. “The farm-gate price increased because the costs of farm inputs rose,” Tambago stated in Filipino.

Gap Between Farm-Gate and Retail Prices

Tambago highlighted a significant “gap” of approximately P120 between the farm-gate and retail prices of pork due to transportation and logistics costs. He urged the government to focus on addressing this gap to stabilize prices.

Additional Costs

Rising logistics and business costs contribute an additional P120 to P150 per kilo to the farm-gate price. “The government should look into the gap between farms and retailers,” Tambago emphasized, clarifying that there is no price manipulation since hog raisers are dispersed across the country. “Logistics and inputs are the problem, that’s why the price of pork is higher,” he added.