MANILA (AFP) - Philippine consumers already battling to cope with record rice and fuel prices can expect to pay more for beef and pork, media reports said Saturday.
Okay, enough with the oil stuff for a while...
Beef and pork prices have reportedly already been doubled this year. According to Jun Lim, Vice President of the Cold Chain Association of the Philippines, 90% of our country's beef supply is imported from Brazil.
Now check this out:
The price of beef in January was $2.65 or P114 per kilo, and in May it was $4.50 or P193 per kilo. Pork was $1.90 or P81 pesos in January, and $2.50 or P107 in May. Quite a difference, no?
Well, as of now the effects aren't that felt yet because a lot of what is sold in the market are meats that came in around 3 months ago and were in storage. When this 3 month old supply ends, maybe around August or September, brace yourselves.
Wait Jugo, what about the chicken?
Well, chicken's stable right now because most of our supply is produced locally. (Alright!)
So guys... what can you say about this?
1 comment:
Great. As if our country didn't have enough problems already.
Here's a short list of which prices are increasing right now.
Rice, oil, gasoline, energy rates, transportation rates, beef, pork. You name it, it became more expensive.
Let's just hope that chicken wouldn't suffer the same fate. =P
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