LKi 49th Press Statement CHICKEN RETAIL PRICES ABNORMALLY HIGH with GMA news report

2019-10-19 08:10:51

OCTOBER 19, 2019 



LKI  49th Press Statement 


CHICKEN RETAIL PRICES ABNORMALLY HIGH THIS QUARTER , UP BY Php 15 pesos a kilo .


Based on monitoring on farm gate prices of chicken for the past month and the entire weeks of October,  farm gate prices had increased by Php 15.00 a kilo on the average for off size , regular size and prime size chicken at Php 115.00 a kilo versus Php 100.00 a kilo a month ago. 


The PSA data on monitored retail prices of whole chicken tracked the upswing in Farm gate  prices.  Low prices now at Php 160 a kilo , high at Php 190 a kilo and prevailing at Php 180 a kilo. 


As of  end of September, retail  prices are 145 low , 180 high and 170 prevailing. 



As per inquiry with Atty Bong Inciong of UBRA, the ASF epidemic had caused the shift in demand for chicken . He said the last quarter and 1st quarter of the year are periods of soft Farm gate prices , but this year is different . 


LABAN KONSYUMER INC. adds that the holiday fever is also exerting pressure on commodity prices to go up  . 


We call on the Department of Agriculture to strengthen monitoring of retail prices of 


chicken side by side with its ongoing efforts to contain the ASF epidemic.  .


End of Statement



Sharing this story from GMA News:


 Title : Chicken prices abnormally high, DA should step in —Laban Konsyumer


 URL Link : https://www.gmanetwork.com/news/money/economy/712280/chicken-prices-abnormally-high-da-should-step-in-laban-konsyumer/story/


Sharing this story from GMA News:


 Title : Chicken SRP should be farm gate price plus P50 – broilers group


 URL Link : https://www.gmanetwork.com/news/money/economy/712302/chicken-srp-should-be-farm-gate-price-plus-p50-broilers-group/story/


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