THREAD: DA, DTI officials hold a joint briefing to discuss pork and chicken prices as the 2-month price ceiling in Metro Manila lapses this week.

Pork prices have surged to ₱330-₱400 per kilo versus the ₱300 cap the past few days.

Follow this thread by @meltlopez
@meltlopez DA Secretary William Dar says tomorrow, April 8 will be the last day of the existing price cap for pork, chicken: There will be no extension.

The price caps were not closely followed in recent weeks.
@meltlopez DA will instead set a suggested retail price for pork. Strict health checks and sanitary standards will also be imposed.
@meltlopez DA to continue delivering hogs from ASF-free provinces to meet Metro Manila's demand. This will continue until additional imports at lower tariffs is approved.

Hog raisers oppose 'excessive' pork imports at cheap rates, saying it will kill the local industry.
@meltlopez DA Sec. Dar: The price cap will not solve the problem, ang bottom line is supply. The mobilization of supply from the provinces, additional imports at lower tariffs will address this.
@meltlopez DA Sec. Dar: The proposal to raise pork imports 'has all the justification,' the President recommended the same to Congress.

Local hog raisers and agri groups wrote to Duterte 'in desperation' on Tuesday asking him to junk DA's suggestion.
@meltlopez DA says the SRP for imported pork will be ₱270/kg for kasim, ₱350/kg for liempo
@meltlopez DA on vendors going on pork holiday: Let's continue the business but sana naman, 'wag nating taasan ang presyo.
@meltlopez DA Sec. Dar on 60-day price ceiling on pork, chicken: We call it a success in many ways.
@meltlopez As DA Sec. Dar calls the price caps a success, the prevailing price of pork in Metro Manila public markets is at ₱360/kg for kasim and ₱380/kg for liempo.

The price cap is at ₱270 and ₱300 per kilo, respectively.
@meltlopez Agri group SINAG says DA Sec. Dar’s policies will kill the local hog raising industry.

Dar said its policy recommendations on additional imports and lower tariffs are justified to improve local supply | @meltlopez

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