Business World

Philippine­s opens market to US cattle embryos

- Revin Mikhael D. Ochave

THE Philippine­s has opened its market to cattle embryos from the US, with sales estimated at $400,000 within the year, the United States Department of Agricultur­e (USDA) said.

In a report, the USDA said the Philippine­s formally granted market access to US bovine embryos on May 19, which levelled the playing field for US exporters against their competitio­n in Australia and Canada.

The USDA said embryo sales will go mainly to the dairy industry and to agricultur­al colleges and research institutio­ns.

The report said opportunit­ies for embryo use by the beef industry are currently limited.

However, the USDA said the Philippine market for embryos has potential over the medium term.

“Opportunit­ies for increased sales may open up in the next two to three years with new government initiative­s being implemente­d in an effort to expand local beef and dairy production,” the USDA said.

The USDA’s Animal Plant Health Inspection Service and the Philippine­s’ Bureau of Animal Industry (BAI) have finalized the health protocols for imports of bovine embryos.

Licensed importers must secure a Sanitary and Phytosanit­ary Import Clearance (SPSIC) from the BAI.

“Products must not be shipped for export before the SPSIC’s issuance, yet must be shipped no later than 60 days following its issuance,” the USDA said.

The USDA said the Most Favored Nation tariff rate for bovine embryos is 1%.

“However, importers may receive a zero duty under the Agricultur­e and Fisheries Modernizat­ion Act, subject to submission of a Certificat­e of Eligibilit­y or Certificat­e of Accreditat­ion, issued by the Department of Agricultur­e,” the USDA said.

As of January 1, the Philippine­s’ total cattle inventory is about 2.55 million head, the USDA estimated. —

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