Daily Star logoBusiness

Bacolod City, Philippines Tuesday, January 8, 2019
Front Page
Star Business
Star Life
People & Events
Average meat prices
increased in 2018, PVO says


The average prices of meat products in Negros Occidental increased in 2018 due to increasing demand and the rise in production cost, following the implementation of the Tax Reform for Acceleration and Inclusion or TRAIN law.

Records from the Provincial Veterinary Office showed there was an increase in the prices of meat products from January to December last year, with native chicken posting the highest by P24.96, or from P221.50 to P246.46 per kilo.

Provincial Veterinarian, Dr. Renante Decena, said yesterday the increases in prices were due to the high demand from Negrense consumers, as well as the higher transport and production costs due to the TRAIN implementation last year.

Records showed that prices of carabeef increased by P10.76 per kilo, or from P232.05 in January to P242.81 in December, beef by P9.95/kg, from P239.17 to P249.12, chevon or goat meat by P13.48/kg, from P286.81 to P300.29, and broiler chicken by P2.89/kg, from P158.37 to P161.26.

Decena said the increase in the prices of broiler chicken was only minimal because the poultry integrators can control their supply, while those livestock raised in the backyard are dependent on the farmers, either they will sell their animals through the auction market or directly to local markets.

Egg prices in the province, meanwhile, slightly decreased in 2018.

PVO records showed that the price of small eggs declined by P0.18 per piece, from P5.72 in January to P5.54 in December, medium eggs down by P0.39, from P6.46 to P6.07, large eggs by P0.45, from P7.19 to P6.74, extra-large eggs by P0.7, from P8.07 to P7.37, and salted eggs by P0.88, or from P12.16 to P11.72.*


back to top

ButtonNFA unloading 239,000 bags of imported rice
ButtonAverage meat prices increased in 2018, PVO says
ButtonIT calibrated training for graduates pushed

ButtonRisk-on sentiment boosts local markets