Another important food commodity is adding to price woes that the Marcos administration must now grapple with: eggs, which are a key source of protein for many Filipinos. | jordeenelagare /PDI
The cost of feed inputs alone, he said, accounts for almost P5 of each egg’s selling price.
Inciong said tapping other government offices like the National Economic and Development Authority, Philippine Statistics Authority, Department of Finance and Bureau of Customs would make for “a complete consultative arrangement.”The first six months of the Marcos administration have been beset with food supply concerns.
In December last year, President Ferdinand Marcos Jr. also ordered the DA to expedite the entry of 64,050 MT of imported refined sugar via the minimum access volume mechanism, also to arrest price surges.Agriculture Assistant Secretary Kristine Evangelista said Inciong’s proposal was a “welcome suggestion” that would help the government in finding ways to manage the supply and demand of food products.
Among others, the technical committee of the Price and Volume Watch Committee for Livestock and Poultry shall serve as the technical advisory body of the agriculture secretary — a post currently held by Marcos — in terms of the demand-and-supply situation of livestock commodities, meat and meat products prices, both local and international, and volume gaps.
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