Friday, September 24, 2021

Prices of beef in NegOcc down; costs of pork, chicken, eggs up

AVERAGE prices of beef among markets in Negros Occidental decreased ahead of the opening of classes next week while prices of pork, chicken and egg increased.

Prevailing market price monitoring of the Provincial Veterinary Office (PVO) showed that from P207.59 per kilo in April, the average price of carabeef (meat of carabao) went down by P2.23 -- now at P205.36 per kilo.

Prices of beef (meat of cow) decreased by P1.56 per kilo, from P214 in April to P212.50 per kilo last month. Chevon (meat of goat) remained steady at P250 per kilo.

Dr. Ryan Janoya, head of the PVO Animal Health and Meat Inspection Division, said the drop in the prices of beef is attributed to the increase in supply.

Janoya said that weeks before the opening of classes, backyard livestock raisers, particularly of carabao and cow, are selling their animals to pay for the school expenses of their children.

"The increase in the supply pushes the prices of products down," Janoya said, adding that raisers usually sell their products among auction markets, particularly in cities of Kabankalan and Sagay, and towns of Moises Padilla, Hinoba-an and Calatrava.

PVO, on the other hand, noted an increase of P0.94 per kilo of pork. From P185.31 per kilo in April, prevailing market price monitoring showed that it is now averagely sold at P186.25 per kilo.

Prices of dressed chicken and eggs also moved upward, the report added.

From P146.41 per kilo, current average price of dressed chicken is P147.03, or an increase of P0.62.

Prices of eggs range from P5.38 to P7.16 per piece depending on size.

PVO reported an increase of P0.07, P0.06, P0.08, and P0.05 for small, medium, large and extra-large, respectively.

For salted egg, an increase of P0.28 per piece was recorded. From its price last April of P10.92, it went up to P11.20 per piece.

Janoya said the change in weather pattern, from dry to wet, has affected the egg supply in the province thus, there was a backlog in production.

The increase in the prices of pork and chicken is also attributed to the recent dry spell brought by El NiƱo, which caused huge damage and production losses to the swine and poultry animals, he added.

"As classes start next week, prices of all these commodities are also projected to move upward. As students go back to school, demand especially for frozen meat products will surely rise thus, prices will also increase significantly," Janoya said.

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