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Swine


May 6, 2019


Philippines plans to export pork to China
 

 

The Philippines' Department of Agirculture (DA) is considering exporting pork to China amid a supply glut in the Filipino market, Inquirer.net reported.

 

The move could potentially mitigate the overload at cold-storage facilities in the Philippines and allow local pork's farm-gate price to rise. The DA saw an opportunity in bigger Chinese demand for imports as the country's pork supply was curtailed by an outbreak of African swine fever that had severely impacted its hog sector.

 

Agriculture Secretary Emmanuel Piñol is planning to travel to China to secure agreements with the Chinese government. While no estimates were provided on the volume of pork the local industry could provide, Piñol said the country's raisers could help China overcome its pork shortfall.

 

"We're just waiting for the guidelines. Once the big players start exporting pork, then our local hog producers would have a breather. I am positive this will stabilise prices," Piñol said.

 

The DA is looking to begin exportation before the end of 2019. It noted that Charoen Pokphand (CP) Foods Philippines Corp., a Thai company based in the Philippines, was already firming up an agreement with China.

 

China-Philippines ties have improved in recent times and this led to the relaxation of China's non-tariff barriers and the signing of numerous agreements involving agriculture.

 

- Inquirer.net

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