Panay News

Industry group: Pork prices might increase

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PORK prices could go up, the Meat Importers and Traders Associatio­n (MITA) said following reported changes made by t he Department of Agricultur­e ( DA) regarding quotas and the minimum access volume (MAV).

In a letter addressed to the department on February 28, MIT A expressed its concerns over these changes, such as the decision to limit the meat traders’ share to 40 percent of the MAV, while processors get 60 percent.

As defined by the DA, the MAV is the quantity of an agricultur­al product allowed entry into the Philippine­s at the in-quota tariff rate, or the lower rate of custom duty applied to the product.

“’ Yung mga maliliit na quota owners halos wala nang quota,” said MITA president emeritus Jess Cham. “Siyempre ‘ pag kulang ang stock, siyempre tataas ang presyo. So unanguna, kukulangin ang stock. Pangalawa, ang stock na mawawala ‘yung mga mas mura na puhunan. So lahat ng parating mas mataas ang puhunan.”

The group is asking DA to revert to previous guidelines and called for a consultati­on before implementi­ng any changes.

The Sam a hang Industriya ng Agrikultur­a (SINAG), however, believes there is no reason for pork prices to go up. Executive director Jayson Cainglet said the commitment of the Philippine­s to the World Trade Organizati­on is to import 54,000 metric tons at 35 percent tariff. However, the country is importing 10 times as much or over 500,000 MT at a lower tariff rate of 25 percent.

“Parang tinatakot na naman ang tao, sasabihin tataas ang presyo when in fact ‘ yun naman ang tariff na nila dati pa eh,”

he said. “Three years ago na eh, mababa na. So kung talagang bababa ang presyo matagal na dapat bumaba ang presyo because of tariff reduction.”

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