DA to lift max SRP for pork in 24 hours - BusinessWorld Online

DA to lift max SRP for pork in 24 hours - BusinessWorld Online

By Kyle Aristophere T. Atienza, Reporter THE Department of Agriculture (DA) on Wednesday said it would lift the maximum suggested retail price (MSRP) for pork, demand for which spiked during the election season, within 24 hours amid low compliance among suppliers. “It’s called one step back and two steps forward,” Agriculture Undersecretary for Livestock Constante J. Palabrica told reporters on the sidelines of an industry event on Wednesday. Th…

Govt to lift MSRP for pork

THE Department of Agriculture (DA) is set to lift the maximum suggested retail price (MSRP) for pork, Undersecretary Constante Palabrica told the media on Wednesday, adding the agency would implement a new mechanism to keep pork prices in check. Imposed in Metro Manila last March 10, the MSRP for pork had the following price ceiling — P300 per kilogram (kg) for "sabit ulo" (fresh pork carcass), P350/kg for kasim (shoulder) and pigue (ham), and P…

Philippines to scrap maximum suggested retail price for pork

MANILA, Philippines — The Department of Agriculture (DA) will lift the maximum suggested retail price (MSRP) for pork, but vowed to develop a “better” policy to keep retail prices in check. “I’ll give you a hint: it will be lifted but while we are studying on how we can implement the MSRP. It’s called

DA to suspend MSRP on pork amid low compliance

The maximum suggested retail price (MSRP) on pork, implemented to lower retail pork prices, is set to be lifted by the Department of Agriculture (DA) as the agency seeks to revise the policy to crack down on low compliance.In an interview on Wednesday, May 14, Agriculture Undersecretary for Livestock Constante Palabrica said the order suspending the policy is set to be issued “within 24 hours,” which will include the parameters of a planned revi…

Philippines to remove maximum suggested retail price for pork

The Philippines' Department of Agriculture (DA) will scrap the maximum suggested retail price (MSRP) for pork due to low compliance among vendors, as it looks at developing a "better" policy to keep retail prices in check.

The Department of Agriculture (DA) will temporarily suspend the implementation of the maximum suggested retail price (MSRP) on pork. According to DA Usec. Dante Palabrica, this is while the DA is still studying how to implement it more effectively. He said, expect there to be changes in the implementation of the MSRP on pork in the coming days. Palabrica said the high price of pork in the markets is due to supply and demand. He said the demand f…