Pork supply exceeds demand, Senate panel finds, casting doubt on gov’t import policy - BusinessWorld Online

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Pork supply exceeds demand, Senate panel finds, casting doubt on gov’t import policy - BusinessWorld Online
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The Senate Agriculture, Food and Agrarian Reform Committee was told that the supply of pork exceeded demand in each of the years since 2019, raising questions about the government’s pork import policy.

Senator Cynthia A. Villar, who chairs the committee hearing, on Monday cited data indicating a pork surplus since 2019, suggesting a disconnect between the decision to import and the available pork inventory.According to Ms. Villar’s data, pork demand was 1.7 million tons in the 2019-2022 period, well below the estimated supply of 2.6 million tons.

“Pork and chicken are the products that don’t need a certificate of necessity to import. Our understanding is that all the rest need the certificate of necessity to import,” he added. Ms. Villar asked why the importer had the power to determine appropriate shipment volumes, adding that the government must impose “common sense” limits on permitted quantifies.

Agricultural Sector Alliance of the Philippines Party-list Representative Nicanor M. Briones said that it was the DA’s responsibility to ensure that farmers do not face unfair competition from imports.

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