Published June 29, 2021, 9:55 AM
The Philippines is hoping to see the entry of as much as 140,000 metric tons (MT) of imported pork under the minimum access volume (MAV) as part of efforts to bring down meat prices in the country.
This developed following the recent approval by the inter-agency MAV Management Committee (MMC) of the guidelines on the “calibrated utilization” of additional MAV for imported pork meat to immediately boost domestic supply and to temper the inflationary effect of high prices of fresh pork.
The resolution was unanimously approved by the six-member MCC to temper rising food inflation that was pulled up by high pork prices, mainly due to decreased hog population, as a result of the African Swine Fever (ASF) since mid-2019.
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