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SUPPLY of chicken in the market will remain sufficient for the holiday season even without additional imports amid oversupply of the commodity. Agriculture stakeholders maintained that the poultry industry is still suffering from oversupply for months now which continues to result in declining farmgate prices .As such, the United Broiler Raisers Association maintained that consumers will have more than enough chicken that they can buy in time for the Christmas season.
estimates that consumption is down by at least 20 percent.“Because of the high prices of commodities, Filipino families are forced to eat less meat such as pork and chicken,” Cainglet said.“Contrary to what the government is telling us, the economy is still weak and people have no money,” San Diego added.Meanwhile, the newly-appointed agriculture secretary Francisco Tiu Laurel, Jr. said his priority is to increase food production and modernize agriculture.He said President Ferdinand Marcos, Jr.
Chicken Supply Market Holiday Season Imports Oversupply Poultry Industry Declining Farmgate Prices United Broiler Raisers Association Consumers Christmas Season Demand Farm Commodities Fourth Quarter Seasonality
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