00:00Maximum Suggested Retail Price for Pigs
00:03Continued Study by the Department of Agriculture
00:06I am Zef Busongan of Radyo Pilipinas for Balitang Pambansa
00:12Just like the solution for the price of rice,
00:14the Department of Agriculture is also studying
00:18the possibility of setting a Maximum Suggested Retail Price for pigs
00:24in the middle of the remaining high prices in the market.
00:28In the monitoring of the price,
00:30the price of pigs in some markets in Metro Manila
00:33can reach up to Php 460 per kilo.
00:37The Department of Agriculture says
00:39this is too much and it will be an abuse to the buyers.
00:44The farm gate price of pigs,
00:47say from Php 220 to Php 250,
00:49the price is around Php 400, more than Php 400
00:54for some families.
00:56It means that it is really too much.
00:59According to industry standards,
01:02it should be a little over Php 100, that is already too much.
01:05All of that has an income along the whole value chain.
01:09According to the DA, they will pursue those
01:12who are against the price of pigs
01:14under the Anti-Agricultural Economic Sabotage Act
01:18along with those who should be punished
01:21those who are involved in profiteering on pigs.
01:24Meanwhile, the government expects
01:26that the National Food Emergency will be declared
01:29on the first week of February in the country.
01:32This is in accordance with the statement
01:34of the Department of Trade and Industry
01:36in the Chamber that the NPCC National Price Coordinating Council
01:43can issue a resolution for this within two days.
01:47From PBS Radyo Pilipinas,
01:50Zef Busongan for Panbansa News.
