PHL frozen pork inventory up 8.1% on bigger imports

THE country’s nationwide frozen pork inventory as of August 24 rose by 8.15 percent to 41,851.25 metric tons (MT) from the previous week’s level of 38,698.61 MT on the back of higher imported stocks, latest National Meat Inspection Service (NMIS) data showed.

Latest NMIS data showed that the latest pork inventory was also higher than last month’s 40,085.47 MT and the inventory of 36,448.23 MT in 2019’s same period.

NMIS data showed that about 82.56 percent (or 34,555.89 MT ) of the current frozen pork inventory was imported, while the remaining volume of 7,295.36 MT was locally produced.

NMIS data also showed that Region 4A held the highest frozen pork inventory in the country at 13,3612.08 MT, of which 11,572.92 MT were imported pork products.

The data covered pork products such as carcass, primal parts and special cuts in accredited commercial and in-house cold storage, which include slaughterhouses and meat processing plants, according to NMIS. Dressed chicken

NMIS data also indicated that the country’s dressed chicken inventory is slowly declining.

As of August 24, latest data showed that total inventory reached 62,615.93 MT, which was almost 5 percent lower than last week’s 65,750.57 MT. The current volume was also 15.28 percent lower than last month’s 73,906.90 MT, based on NMIS data.

NMIS data showed that more than half of the current dressed chicken inventory or about 38,483.95 MT were imported while the remaining volume of 24,131.98 MT were locally produced.

The NMIS said the data did not include inventory of fresh chilled chicken and mechanically deboned meat or MDM.