Chicken price must now be P100-P110 a kilo as farmgate value drops — Lopez

MANILA, Philippines – Price range of chicken should have dropped between P100 and P110 per kilo in the market during the first week of 2019, Department of Trade and Industry (DTI) Secretary Ramon Lopez said Monday.

This developed as Lopez noted the decrease in farmgate price per kilo of chicken, ranging from P45 to P55.

“Nagtext sa amin kaninang umaga ‘yung mga poultry raters, sabi nila bagsak ang mga presyo ng live poultry even ‘yung sa farmgate kaya kailangan ma-reflect ito sa palengke,” Lopez said in an interview over RadyoINQUIRER.

“Ang chicken, bumaba na sa 45 (ang farmgate price per kilo). Mataas na yung P110 per kilo, P100 to P110 ang price range ngayon (sa market). Dapat mawala na ‘yang P120 to P140 per kilo,” he added.

Lopez said they will be meeting with market masters and local government units (LGUs) to help them implement the current pricing of chicken.

“Ime-meet namin ‘yung mga market masters pati ‘yung mga LGU mayors para matulungan kami,” the DTI secretary said.

“Kinausap ko po si (Agriculture) Secretary Piñol, kakatext lang po naming dalawa. Isa nga ito sa i-a-adjust namin at hihingi kami ng tulong dito sa LGU. Sila ho kasi ‘yung nag-i-implement sa palengke para masunod ito,” he added.

Lopez, however, said they do not have any news regarding adjustments for prices of pork and beef. /kga