DA backs P210/kilo hog floor amid low farmgate rates

MANILA, Philippines—The Department of Agriculture (DA) is supporting a proposal from hog industry stakeholders to set a P210-per-kilo floor price for live hogs as farmgate prices in some areas fall to P120 to P160 per kilo. Agriculture Secretary Francisco Tiu Laurel Jr., however, said the agency cannot impose the proposed rate because no existing law