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    Home > Active Ingredient News > Feed Industry News > Philippine pig industry is expected to grow by more than 4% this year

    Philippine pig industry is expected to grow by more than 4% this year

    • Last Update: 2002-03-26
    • Source: Internet
    • Author: User
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    Introduction: Philippine agriculture minister montemayo said recently that Philippine pig industry is expected to grow at a rate of 4.4% this year, contributing to agricultural growth Montmayo said domestic pork demand in the Philippines will continue to grow strongly this year due to the growing population and preference for pork in the meat market Last year, the Philippines produced 1.58 million tons of pork, an increase of 4.4% over the previous year's 1.511 million tons Montmayo said the government will continue to try to reduce the price of pig feed in order to reduce the cost of pig raising and help breeders cope with the competition of cheap imported pork products At present, feed input accounts for 75% of the cost of pig production He said tariffs on corn imports have now fallen from 35% to 10%, and on soybeans from 10% to 3% Montmayo also said the government will continue to promote animal health programs, including the prevention of foot-and-mouth disease, swine fever and other diseases, so that breeders can produce high-quality pork.
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