• Dressed chicken prices drop as supply stabilizes

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    The Department of Agriculture (DA) said Wednesday the prices of chicken have gone down as poultry suppliers from Southern Luzon have began to recover from the damage wrought by typhoon Glenda in mid-July.

    Agriculture Undersecretary for Livestock Jose Reaño said that prices of dressed chicken in local markets this week are pegged between Php135-140 per kilo.

    He added that pork prices are also down with a kilo selling at Php175-180.

    “The supply of chicken has began to stabilize. As early as the first week of July, with the intervention of the DA, damaged chicken farms in Southern Luzon have been repaired and operations in chicken farms are normalizing,” Reaño said.

    According to the Reaño, it takes only 29-31 days for chicken to be ready to be slaughtered.

    He added, when the temporary tightness in distribution of chicken occurred early this month, chicken suppliers from Region 3 pumped up their operations, resulting in additional supply.

    “As we’ve said before, we have sufficient chicken inventory,” Reaño said.

    The same though cannot be said of eggs, he added, since it takes five to six months for layers to develop into the “normal laying” stage.

    Reaño explained that the egg industry is still reeling from the effects of typhoon Yolanda that struck in November 2013 when Typhoon Glenda came in and did more damage.

    He however said that egg supply and prices will start to normalize by December.

    Earlier this month, Agriculture Secretary Proceso J. Alcala assured the public that though there is a temporary tightness in distribution of chicken, there is no shortage despite the damage brought by Typhoon Glenda.

    Alcala said that we still have “enough” chicken inventory, so a shortage is a remote possibility unless unforeseen event occurs. PNA

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