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Pork, chicken price cap a burden to hog, poultry raisers
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Metro Manila (CNN Philippines, February 1) It might be a relief to consumers but the approved price ceiling on pork and chicken products could also be a burden to hog and poultry raisers.
President Rodrigo Duterte signed Executive Order No. 124, which imposes a price ceiling of ₱270 per kilo for kasim and pigue, ₱300 per kilo for liempo, and ₱160 per kilogram for dressed chicken sold in Metro Manila for 60 days.
The Pork Producers Federation of the Philippines lamented the Department of Agriculture’s failure to consult with hog raisers before coming up with the recommended price ceiling.