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At the current farm gate price, retail price should only be P195 per kilo, but it is now reaching as high as P210 per kilo. The difference at the farm gate price of live weight hog to retail price of pork should only be P60 per kilo. This should cover transport, handling, storage, marketing and profit margins, but instead it is now reaching P80 to P90 per kilo.
Backyard hog raisers comprise 64 percent of the hog industry, while commercial hog producers only account for 36 percent.
Tuesday April 18, 2017/ Philstar/ Philippines.
http://www.philstar.com
