Local frozen pork supply halved in February, imports up
The inventory of frozen pork in the country dropped to 12,634 metric tons at the end of February as demand slowed because of the Lenten season.
The inventory of local frozen pork plummeted to 1,225 metric tons at the end of February from January’s 2,692 metric tons, data from the National Meat Inspection Service show.
Even with the drop in supply, pork prices remained flat across the country.
Data from the Bureau of Agricultural Statistics did not show an increase in price in pork belly during the period, with the price of lean pork even dropping by P5 in Tuguegarao.
Local hog raisers have threatened a five-day pork holiday to pressure government into addressing the problem of smuggled pork.
Imported pork in cold storage, on the other hand, increased by over 1,000 tons to 11,410 tons at the end of February.
Pork consumption in the country dips during the Lenten season because of lower demand.
The Philippines is predominantly Catholic and practicing Catholics abstain from eating pork and other meats during Lent. (By:Eileen A. Mencias)