Connect with us

Hi, what are you looking for?


Import quota panel backs plan to increase pork, hog imports 

THE Department of Agriculture (DA) said Tuesday that a council which helps determine quotas for imports entitled to tariff rates under the minimum access volume (MAV) system has backed its plan to import more pork.

It said the MAV Advisory Council “endorsed” the DA’s plan to raise import volumes entitled to MAV tariff rates, as the government scrambles to increase the pork supply and contain inflation following drastic reductions to the domestic hog population in Luzon due to an outbreak of African Swine Fever.

Agriculture Secretary William D. Dar said at a briefing that the council recently endorsed expanding the MAV allocation for pork to 388,790 metric tons (MT) from 54,000 MT, more than double than the DA’s original proposal of 162,000 MT.

Imports beyond MAV quotas must pay a 40% tariff, or 10 percentage points more than the imports within the quota.

The advisory council’s endorsement has yet to be discussed by the MAV management committee, which is chaired by the DA with representatives from the Departments of Trade and Industry, Finance, and Agrarian Reform, Mr. Dar said. 

Any increase in the import quota would authorize traders and hog raisers to import both live hogs and pork products, he said. 

Mr. Dar said a proposal to further lower tariffs on pork for one year is now pending at the Tariff Commission.

Samahang Industriya ng Agrikultura Chairperson Rosendo O. So, who was invited to speak at the briefing, said: “There is no reason to lower the tariff on pork imports” because “importers can make money with the current tariffs.”

“Even with cold storage fees and delivery fees, importers can make money,” he said, noting that importers have no complaints about the current tariff.

Mr. Dar said the DA is currently extending zero-interest working-capital loans to vendors’ associations in public markets in the National Capital Region, to help them deal with the surge in pork prices.

The market vendors’ financing program allows vendors’ associations to borrow up to P5 million, payable in three to five years. 

The program, which will be administered by the DA’s Agricultural Credit and Policy Council, will enable vendors to buy hogs directly from hog raisers in the countryside “and sell these at reasonable prices to consumers in Metro Manila,” Mr. Dar said in a statement. — Kyle Aristophere T. Atienza

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



WASHINGTON D.C. — The United States is seeking to form a coalition of countries to drive negotiations on a global plastic pollution treaty, weeks...


By Diego Gabriel C. Robles  THE WORLD BANK (WB) upgraded its growth forecast for the Philippines for this year and 2023, citing an “accommodative”...


THE PHILIPPINE auto industry’s sales recovery will likely be derailed if a measure reimposing excise taxes on pickup trucks is signed into law, according...


THE BANGKO SENTRAL ng Pilipinas (BSP) may deliver a second off-cycle rate hike in early November when the US Federal Reserve is expected to...


THE ASIAN Development Bank (ADB) is planning to allocate at least $14 billion for a program aimed at easing a food crisis in the...


With the reversal of the 1.25% rise in National Insurance Contributions happening on the 6th of November, employers across the nation have an opportunity...

You May Also Like


Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...


The minute that any question pops into your head, you can simply ask Google. No longer do we have to pour over books and...


Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...


Ivermectin, an existing drug against parasites including head lice, has had a checkered history when it comes to treating COVID-19. The bulk of studies...

Disclaimer:, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.