Philippines Chicken Supply Expected To Even Out After Holiday Season
PHILIPPINES - Poultry groups in Philippines expect the current chicken shortage to be over after the holidays season as demand returns to normal levels.
8 January 2004
3 minute read
Philippines Chicken Supply Expected To Even Out After Holiday Season - PHILIPPINES - Poultry groups in Philippines expect the current chicken shortage to be over after the holidays season as demand returns to normal levels.
Gregorio San Diego, spokesman for the United Broilers' Raisers Association (UBRA) holds the same view too. He said that after New Year, the supply and demand situation for chicken is expected to more or less even out.
"We are hopeful that the tightness in chicken supply experienced by the industry will little by little be reversed and that several consumers will now be able to enjoy chicken again," San Diego stressed.
He admitted the broiler industry failed to anticipate the big increase in demand which resulted to the tightness in chicken supply.
"The supply problem was compounded by the big reduction in volume of imported chicken and chicken parts. The prevailing high world market price of chicken prevented the entry of imported chicken especially this last quarter," San Diego explained.
He noted that the industry is trying to bounce back from the losses it suffered in 2002 until the first quarter of last year because during that time chicken prices are said to have dropped.
"Chicken supply then in Philippines was overflowing and the tendency for the prices of said commodity is to go down. It is just now that local suppliers are trying to recoup their losses. Many traders are taking advantage of the holiday season when chicken and chicken products are in demand,"San Diego said in an interview.
He added that they have been getting their supply of chicks from the Philippine Association of Broilers' Integrators (PABI) which reportedly has limited number of chicks to supply their group.
"They could also be having a hard time because of the high cost of feeds. This affect us in a way since we are also depending on them for our supply of chicks."
According to UBRA, the cost of chicken (live) production has increased from P44 to P57 a kilo.
UBRA supplies chicken to wet markets while PABI caters to the chicken needs of food chains and other establishments.
Earlier, Agriculture Secretary Luis Lorenzo assured the public of stable supply of chicken amid fears that chicken prices in metro Manila will continue to go up allegedly because supply is running short.
However, consumers urged the Department of Agriculture to check on the local markets since there is allegedly a discrepancy between the department's pronouncement and the actual prices in the market.
Source: eFeedLink - 8th January 2004
"We are hopeful that the tightness in chicken supply experienced by the industry will little by little be reversed and that several consumers will now be able to enjoy chicken again," San Diego stressed.
He admitted the broiler industry failed to anticipate the big increase in demand which resulted to the tightness in chicken supply.
"The supply problem was compounded by the big reduction in volume of imported chicken and chicken parts. The prevailing high world market price of chicken prevented the entry of imported chicken especially this last quarter," San Diego explained.
He noted that the industry is trying to bounce back from the losses it suffered in 2002 until the first quarter of last year because during that time chicken prices are said to have dropped.
"Chicken supply then in Philippines was overflowing and the tendency for the prices of said commodity is to go down. It is just now that local suppliers are trying to recoup their losses. Many traders are taking advantage of the holiday season when chicken and chicken products are in demand,"San Diego said in an interview.
He added that they have been getting their supply of chicks from the Philippine Association of Broilers' Integrators (PABI) which reportedly has limited number of chicks to supply their group.
"They could also be having a hard time because of the high cost of feeds. This affect us in a way since we are also depending on them for our supply of chicks."
According to UBRA, the cost of chicken (live) production has increased from P44 to P57 a kilo.
UBRA supplies chicken to wet markets while PABI caters to the chicken needs of food chains and other establishments.
Earlier, Agriculture Secretary Luis Lorenzo assured the public of stable supply of chicken amid fears that chicken prices in metro Manila will continue to go up allegedly because supply is running short.
However, consumers urged the Department of Agriculture to check on the local markets since there is allegedly a discrepancy between the department's pronouncement and the actual prices in the market.
Source: eFeedLink - 8th January 2004
