The Department of Agriculture said today that farmgate prices of live hogs have gone down recently.
Agriculture Undersecretary for Livestock Jose Reaño said, from P115 per kilo, the price has gone down to P113 in Rizal to as low as P97 in Mindanao.
He added, the said prices are still profitable for the hog raisers, since the price of feeds these days is also low.
According to Reaño, pork kasim and other parts, except liempo, have gone down in public markets but for unknown reasons some private markets, prices still go up.
The suggested retail price for liempo is still P185 per kilo but high demand pushes up its price in markets.
“Ang liempo kung talagang sa suki mo ka pupunta, mabibili mo ng 180, pero sa retail, naroon pa din sa P190 hanggang P210. Kasi nga in demand, Reaño said”.
He added, the suggested retail price for chicken remains at P135 per kilo, but in some markets, chicken is sold for as low as P120 per kilo.
Earlier, the DA said it targets to lessen pork imports by 20 million kilos in 2015. (DA-OSEC)