DTI: Chicken supply still abundant, prices still stable

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Prices of chicken dropped by ₱10 Sunday afternoon, according to the DTI. (FILE PHOTO)

Metro Manila (CNN Philippines, August 13) — The Trade Department said chicken supply is abundant and prices are still stable despite a reported ₱10 drop in some wet markets.

In an interview on CNN Philippines Sunday, Trade Undersecretary Teodoro Pascua said the price of chicken has dropped in some markets, but the supply is abundant in Metro Manila.

“Reportedly, Pampanga supply is only one-tenth of the supply in Luzon. And definitely other sources are coming in, such as in Rizal and in Laguna and there are no news about the spread of bird flu outside Pampanga. So generally speaking, supply is abundant and prices are stable for now,” Pascua said.

 

This, after the Agriculture Department announced Friday a ban on shipping fowls from Luzon.

According the Philippine Statistics Authority's Chicken Situation Report released in May 2017, Luzon was the country's biggest chicken producer in 2016 at 66.8 percent.

Pascua added they are still contacting other poultry manufacturers and the Agriculture Department to determine areas of concern for chicken supply.

“Our concentration right now is more on the issue of containing and assuring the containment of the flu virus so that so supply and prices get stabilized,” he said.

Pascua also said the Trade Department will guard markets to avoid hoarding and price manipulation.

The Trade Undersecretary will send out personnel to continue with chicken price monitoring tomorrow.

Agriculture Secretary Manny Piñol issued the ban as a repsonse to the avian flu outbreak killing 37,000 fowls since April.

Piñol said the ban "will surely adversely affect" poultry supply. But he added he also understood if people stopped chicken consumption after the news.

"A little discomfort, a few million in losses couldn't even be considered in the terms of the great threat the poultry industry would face if we lower our guard in this time of crisis," he said.

Read more: Agri Secretary: Ban on fowl shipment from Luzon a 'precautionary measure'

Authorities are looking into farms which failed to report earlier incidents of fowl deaths that started in April, as the deaths were only reported last August 3.

Farm owners and veterinarians will be sanctioned if there is proven negligence on their part.

CNN Philippines' Correspondent Camille Abadicio contributed to this report.