April 2, 2009
Philippine '08 poultry production up 5.76 percent
The Philippine chicken production valued at about US$2 billion, increased by 5.76 percent in 2008 over the previous year, according to USDA report.
The growth in broiler production is forecast to slowdown this year as a result of rising feed and production costs and possible weaker consumer demand.
Total chicken meat imports, majority of which was chicken leg quarters and deboned chicken meat, increased only slightly last year.
San Miguel Corporation, the largest agribusiness conglomerate in the country, announced plans to expand broiler production by US$68 million.
