00:00The Department of Agriculture is now studying the possibility of putting a maximum suggested retail price on pork
00:08due to its high price in some markets at the moment.
00:13Vel Custodian of PTV in Balitang Pambansa, live.
00:19The Department of Agriculture is still studying the possibility of putting a maximum suggested retail price on pork
00:25in order to control its price in the market.
00:31The DA still needs to know the reason behind the questionable increase in the price of pork.
00:37At the moment, the price of pork is around P370 to P400 per kilo.
00:43Now, the price of pork is around P240 to P250 per kilo.
00:49If ever the DA discovers that there is a profiteering or hocus-pocus on the price,
00:54the DA will continue to cut the MSRP.
00:57The agency will also look at the profit margin in the value chain
01:00and will ask the corporate dealers and other stakeholders for their opinion.
01:04The sellers and buyers have the same favor in putting the MSRP on pork.
01:10Of course, it is more important for us to cut the MSRP because it will help the family.
01:16We want a lower price so that more people will buy.
01:20Meanwhile, the MSRP in rice can be lowered to P52 from the current P55.
01:26If the MSRP in rice goes back to P58,
01:30the DA will target to lower it to P49 by the end of March.
01:36From FIPOL Television Network, Bel Custodio, Balitang Pampansa.
01:42Thank you very much, Bel Custodio of PTV.
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