The inventory has risen to 9.8 million heads, from 9.1 million a year ago, said Reildrin Morales, director of the Department of Agriculture's Bureau of Animal Industry.
The increase was "substantial", he said in a virtual briefing, citing official data, after the industry suffered a decline of more than 3 million heads between 2019 and 2020 mainly due to massive culling.The Philippines, the world's seventh-biggest pork importer before local demand was hammered by the pandemic, has been hit hard by such outbreaks and forced to ramp up pork imports to address an acute domestic shortage and temper food inflation.
As of Jan. 13, 45 villages across the country still had active cases of African swine fever, a small fraction of the 3,582 villages hit by the disease since the first outbreak was reported in 2019, data from the department showed. Morales said the private sector has taken a lead role in the government-funded repopulation programme, and he expects the increased domestic supply to help stabilise pork prices eventually.
"By the third quarter of 2022, if the momentum and our repopulation and other initiatives continue, we can expect our pork supply to be on the positive side," he said.Reporting by Enrico Dela Cruz; Editing by Martin PettySubscribe to our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Winter storm sweeps through South and Northeast with crippling amounts of snowBuffalo was hit with more than 16 inches of snow Monday — the most seen on that date in 64 years.
Source: CBSNews - 🏆 87. / 68 Read more »
9 of the Worst Invasive Species in the U.S.From nightmare shrubs to not-so-funny feral hogs, invasive species are disturbing the delicate balance of native ecosystems across the country. Are politicians and religious extremists on the list?! 🤣 What about the rail riders at Phish shows?
Source: Gizmodo - 🏆 556. / 51 Read more »
Stock take: China EV sales rise dramatically | AutocarChina has seen exponential sales growth for Electric vehicles, but who were the winners and losers in the clamour for plug-in EVs? that blue one looks like the result of a MiTo and a 911 mating!
Source: autocar - 🏆 93. / 67 Read more »
Euro Inflation Hits Record Highs, ECB Not in Rush to Raise Interest Rates – Economics Bitcoin NewsThe European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, an ECB official admitted. Thanks so much for this gift SHIBTOKENGlFTS😘 just posting an update to say I got back 850 million SHIB in my Metamask!! AltbaseApp is supposed to bring a new wave of possibilities to the project and was developed to show the planned direction. BSC BSCGem Altbase ALTB Altcoins Now I believe what people are saying about you is true. You're indeed a woman of your word, you have changed life's mariadbates2
Source: BTCTN - 🏆 531. / 51 Read more »
Renault Group sales drop for third consecutive year | AutocarFrench group's sales declined by 4.5% in 2021, despite growth from Alpine, Dacia and Lada
Source: autocar - 🏆 93. / 67 Read more »
Here are some of Northeast Ohio's best sledding hillsWith winter weather hitting Northeast Ohio, many families will be bundling up and hitting the hills to enjoy a fun day of sledding. Brooklyn metro park.
Source: WEWS - 🏆 323. / 59 Read more »