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This Article is From Apr 17, 2020

Philippines Sees Pork Shortfall by End of Year Due to Swine Fever

(Bloomberg) -- The Philippines is expecting a shortfall in pork supply by the end of the year due to the African swine fever.

“The country's pork supply remains a challenge,” Agriculture Secretary William Dar said in a statement. A deficit of about 121,000 metric tons is projected by end-2020 due to a 21% contraction in production, he said.

Philippines' pork imports may rise to 300,000 tons as output falls: USDA

The government is looking to inject funds to a program that will boost swine production, seeking to intensify hog raising in areas free of swine fever.

Meanwhile, chicken supply is expected to surpass the annual requirement of 1.3 million metric tons, giving the Philippine a January 2021 inventory that's good for 157 days.

©2020 Bloomberg L.P.

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