January 21, 2015

 

Philippine broiler production to hit one billion this year
 

 

Broiler output in the Philippines is expected to climb to one billion in 2015, according to the country's United Broiler Raisers Association (Ubra).

 

Ubra chairman Gregorio San Diego said this means an 11% jump over last year's estimated 900 million birds.

 

The projection, however, spells bad news to livestock farmers.

 

Diego said increased supply will result in lower prices for live chicken.

 

In an interview with the Philippines' Business Mirror newspaper, he said the farm-gate price of live broiler now is US$1.48/kg, down 17.5% from last month's.

 

The anticipated rise in poultry production means the average farm-gate price is not likely to improve for now, Diego explained. The situation is likely to worsen with the continued importation of poultry meat.

 

The Philippines' Department of Agriculture (DA) will permit increased chicken imports to meet rising demand.

 

From January to September last year, Filipino poultry output rose by a minimal 0.54% to 1.13 million tonnes from that of the previous year, according to the Philippine Statistics Authority (PSA). The average farm-gate price of live chicken rose by 9% at US$2.05/kg during the same period.

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