Hog production in the Philippines grow by 2.36% in first semester

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hog_productionData from the Bureau of Agriculture Statistics shows that hog production in the Philippines’ grew by 2.36% in the first semester of the year.

In the same period of previous year, live weight production level was only about 934,190 metric tons, to 956,250 metric tons in the first half of this year.

Of the total hogs disposed in the first semester, live heads slaughtered grew by 2.16 percent year-on-year with 11.95 million heads; while recorded deaths down by 3.54 percent with 720,000.

A surge of fargmate price for live hogs was seen this year. Per kilogram rate is priced at P96.09, 10.37 percent higher compared to P97.06 per kilogram price in the same period last year.

In Metro Manila, average wholesale of live hogs was P112.33 per kilogram; a lot higher than the P98.68 per kilogram rate last year; up by 16.19 percent.

The average retail price of pork in Metro Manila went up to P175.65 per kilogram in the first semester, 4.49 percent higher than P168.10 per kilogram year-on-year.

Prices in May and June 2013 were highest this year; while prices was at its lowest at the first month of the year with market price of P171.77 per kilogram.

The domestic swine supply for the period grew 0.62 percent to 24.55 million heads from 24.40 million heads in the same period last year.

In the first semester of the year, the top contributors to the country’s swine inventory were Central Luzon, Calabarzon, western Visayas, central Visayas, northern Mindanao and the Bicol Region with a combined share of 62.74 percent.

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