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Bella Cariaso - The Philippine Star
May 15, 2025 | 12:00am
A vendor arranges meat up for sale at Paco Public Market in Manila.
STAR / Edd Gumban
MANILA, Philippines — Amid low market compliance, the Department of Agriculture (DA) is set to lift the maximum suggested retail price (SRP) of pork products.
“It will be lifted while we are studying how to implement the max SRP,” Agriculture Undersecretary for livestock Constante Palabrica said yesterday.
“We call this one step backward and two steps forward, so expect a possible revision of the max SRP,” he added.
Compliance with the pork max SRP was below five percent as of May 2, compared to 30 percent on April 1, based on the monitoring of the Agribusiness and Marketing Assistance Service.
“We expect the retail price to taper off as the election fever is over, so we are going to see a gradual return, just like for other commodities. This is always the law of supply and demand,” Palabrica said.
Enforced on March 10, the max SRP of pork shoulder is P350 per kilo, while pork belly is P380.
Pork supplies are sufficient despite the impact of African swine fever outbreaks on local supply, he assured.
Farmgate pork prices ranged between P280 and P290 per kilo, Palabrica noted.
“Based on our checkpoints, receipts indicate a farmgate price of P230 per kilo, but this is not the actual reality as the real farmgate price is P290, P280,” he noted.
The DA will continue encouraging producers, traders and retailers to help address the high retail price of pork, he said.
