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December 15, 2011
 
Philippine hog weekly: Farmgate hog prices improve on Christmas purchase (week ended Dec 6, 2011)

An eFeedLink Exclusive
 

Price summary

Prices of Philippine farmgate hogs went up slightly as the holiday season have perked up demand.

Hog farmers were glad to see prices go up although it was not as high in the 2010 levels wherein average price reached PHP120 per kilo.

Market watchers believe that prices may not see an improvement until the end of 2011 due to numerous problems plaguing the industry such as high feed prices and influx of cheaper imports.
 

Market Analysis

Meanwhile, pork producers have called for a "revolution" that would give farmers more control in the distribution area.

Edwin Chen, president of the Pork Producers Association of the Philippines said it is about time to "change the game" and farmers need to be involved in the downstream markets to ensure profits despite lower prices of pork.

Chen said the industry is losing at least PHP1 billion a month from declining farmgate hog prices. At present, farmgate prices are pegged at PHP80, much lower than the PHP115 few months ago.

Chen said the group is planning to implement measures to improve production and abate the onslaught of imports that is killing the industry. It has been reported that numerous backyard farmers are already closing down due to losses.
 

Farmgate prices per kilogramme:

LUZON

 

 

 

PROVINCES

Average Farmgate Price
(Nov 28, in PHP/kg)

Average Farmgate Price
(Dec 6, in PHP/kg)

Changes
(in PHP/kg)

Tarlac

92-94

91-94

-0.50

Bulacan

85-95

86-96

+1.00

PSPA

90-102

90-102

0.00

Nueva Ecija

85-90

89-94

+4.00

Laguna

90-95

90-96

+0.50

Quezon 

94-97

94-97

0.00

Cavite

87-94

87-94

0.00

Batangas 

90

92-93

+2.50

Oriental Mindoro 

73

73

0.00

Naga

88-91

88-91

0.00

Pampanga

88-92

88-92

0.00

Rizal

89-94

-

-

Pangasinan

-

-

-

Ilocos

85-90

85-90

0.00

 

VISAYAS AND MINDANAO

 

 

 

PROVINCES

Average Farmgate Price
(Nov 28, in PHP/kg)

Average Farmgate Price
(Dec 6, in PHP/kg)

Changes
(in PHP/kg)

Cebu 

86-92

87-92

+0.50

Bacolod

85-90

85-90

0.00

Iloilo

80-84

80-84

0.00

Dumaguete

80-85

80-85

0.00

Aklan

82-85

83-86

+1.00

Cagayan de Oro

-

-

-

General Santos

80-85

82-86

+1.50

Koronadal

80-85

80-84

-0.50

Dipolog

90-93

90-93

0.00

Davao

-

-

-

Zamboanga City 

90-95

90-93

-1.00

Ozamis 

90-96

90-96

0.00

Pagadian

82-84

82-84

0.00

Surigao

92-95

92-95

0.00

Agusan del Sur

85-90

85-90

0.00

Source: Pork Producers Federation of the Philippines
US$1 = PHP44.21 (Dec 15, 2011)

 


 
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