Frozen pork inventories fell 3.7% in February

The country’s frozen pork stock has fallen slightly as fewer imports have arrived alongside slowly increasing production from local producers recovering from the devastating effects of the 2019 African swine fever outbreak.

Based on the latest data from the National Meat Inspection Service, frozen pork inventory in accredited cold storage units as of February 14 decreased 3.7% to 57,069.66 metric tons from 59,256, 76 MT the previous week.

The figure, however, was more than double – or 147.1% higher – than the 23,094.71 MT recorded in the same period a year ago.

Imported pork in accredited commercial and in-house cold stores constitutes the bulk of the frozen pork stock at 55,880.73 MT while the volume of locally produced pork stood at 1,188.93 MT.

Chester Warren Tan, president of the National Federation of Swine Farmers Inc., said local production was slowly increasing because some of the farms in Luzon that had been hit by swine fever started restocking in late 2020 or in the first quarter of 2021.

“As we all know, we need 11 months to a year to produce market pork or meat, from the time we introduce new breeders and continuously restock the breeders until that time. We expect a monthly and quarterly increase in local pork/meat production,” Tan said in a post.

Even though official government records show an increase in local production and given the preference for local foods, consumers may not be able to purchase pork products at lower prices due to costs. high production.

Tan said frozen pork sold in wet markets would still sell for between 300 and 350 pesos per kilogram, but would not return to the price range of 400 to 450 pesos per kg. INQ

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