Poultry sector stakeholders called on the government to come up with long-term solutions to ensure that the Philippines will continue to have enough supply of chicken amid the elevated prices of various commodities.
Poultry stakeholders called on the government to come up with long-term solutions to ensure that the Philippines will continue to have enough supply of chicken amid the elevated prices of various commodities.In a statement, the stakeholders in the poultry sector said that the industry was hit by high inflation,United Broiler Raisers Association chairman Gregorio San Diego said feed prices are at an all-time high, prompting the cost of production to increase as well.
“The right policies should be put in place as soon as possible so that the price of inputs can be stabilized sooner,” said Jimeno. “It’s really the purchasing power of the consumers that determines our selling price.”Moving forward, the stakeholders said that rather than looking at reactive solutions like increasing imports, the Philippines needs long-term solutions that support the local value chain.
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