November 19, 2025
Philippines' swine market may soon break from low prices as minimum farmgate price set
In November, the Philippines' Department of Agriculture (DA), together with hog producers in the country, determined the minimum farmgate price (per kilogram) for live hogs at ₱210 (US$3.56).
The purpose of this move is to support the swine industry, already beleaguered by intensifying financial losses. This problem is partly linked to falling prices resulting from the over-importation of pork into the Philippines (due to lower import duties), according to Philippine Agriculture Secretary Francisco P. Tiu Laurel Jr. Hence, the DA and industry players are recommending that the pork import tariff be restored to 40% from the current 25%.
For the full article, please read at:
https://farmmetrics.eflagdata.com/global/market-forecast-and-analysis/212
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