00:00The Department of Agriculture and DTI inspected the Balintawak Market.
00:05Following the MSRP ban on pork, the Agriculture Department is now looking for a case
00:13for those who are against the law.
00:15This is the news center from Vell Custodio.
00:18The price of agricultural products is not expected to rise in the coming weeks,
00:25according to the Department of Agriculture.
00:27The supply and demand of agricultural products is stable.
00:31We saw in the PSA report that the price of agricultural products is going down.
00:38We are looking at it mostly because of the interventions that the government is doing.
00:46The price of vegetables in the markets is also going down,
00:49especially onions and tomatoes due to the changing season.
00:52The regional office of the DA also marked the excess supply of tomatoes so that it won't be wasted.
00:58In the joint inspection of the DA and the Department of Trade and Industry in Balintawak Market earlier,
01:03the price of pork went down to Php360,
01:06which is lower than the maximum suggested retail price of Php380.
01:11The price of cassine went down to Php340, which has a Php360 MSRP.
01:16The price of sabit ulo is also lower than Php300, which reached Php295.
01:22The DA and the travelers agreed to make Php250 the selling price of live pork that the travelers followed.
01:31It is expected that the price of pork will go down in the coming days due to the market forces.
01:36It means that if the price of pork will go down in other markets, others will also go down.
01:42Although the DA is not easily restrained,
01:44the legal department is already studying what to include in the MSRP.
01:49There will be a monthly evaluation to support MSRP.
01:52It started on Monday.
01:54After one month, we will have a meeting again.
01:57Secretary Kiko had a meeting two weeks ago.
02:00Yesterday, we had a meeting with the travelers.
02:04So, please talk about this for a month.
02:08Then, we will revisit the price.
02:11Most likely, the price will go down.
02:15The supply of pork is also enough because it is being bought in this repopulation.
02:18The number of cases of African Swine Fever is decreasing as a repopulation program of the government.
02:23The control system of the checkpoint and the start of the vaccination of African Swine Fever vaccines also helped.
02:29When the FDA said, I am not pre-empting it,
02:33when they said okay, we will remove the modified release.
02:38What will happen is a modified commercial release.
02:41So, the government will not spend anymore and this will be available.
02:45Now, we have four or five vaccines that are being tested to lower the price of vaccines.
02:54The Ministry of Agriculture will strive to produce 200,000 doses of vaccines this month.
03:00Vel Custodio for Pambansang TV in Bacong, Philippines.
