• 9 months ago
24 Oras is GMA Network’s flagship newscast, anchored by Mel Tiangco, Vicky Morales and Emil Sumangil. It airs on GMA-7 Mondays to Fridays at 6:30 PM (PHL Time) and on weekends at 5:30 PM. For more videos from 24 Oras, visit http://www.gmanews.tv/24oras.

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Transcript
00:00 A different kind of painful talk in the stock market.
00:02 The high price of pork, including eggs and LPG,
00:05 will be avoided by the buyers.
00:07 So, a congressman has an appeal.
00:09 Maki Pulido was able to get it.
00:11 The pork is P330 per kilo and the pork is P380 per kilo.
00:20 That's the price of pork sold by Burt in Camuning Market, Quezon City.
00:25 When the stock entered the market in 2024, their purchase of the supplier also increased.
00:30 When the stock entered the market in January, it was P35.
00:35 It was P2.00 at the start.
00:36 Now, it's P5.00 and P10.00.
00:39 The price of pork in Balintawak Market also increased, but it's cheaper.
00:43 P280 per kilo for pork, P310 per kilo for pork.
00:47 But like what Burt sold,
00:48 there's no backyard, so the price of pork is high.
00:51 There's no pork to be caught.
00:53 In the price monitoring of the Agriculture Department,
00:56 until yesterday, January 31,
00:58 the price of pork was P270 to P350,
01:01 while the price of pork is P300 to P400 per kilo.
01:05 According to Agricultural Sector Alliance of the Philippines party list representative, Nicanor Briones,
01:11 the average farm gate price is P180 to P190 per kilo now,
01:16 plus P120 per kilo of meat,
01:18 so it should be at P310 per kilo in retail.
01:21 In choice cuts, it's P150,
01:24 so it should be at P370 per kilo.
01:27 There's a suggested retail price.
01:29 Our DTI or DA should know the average farm gate price.
01:38 And then more or less, the price will play a role.
01:42 Each piece of egg also increases in retail even if the farm gate price is low.
01:47 The farm gate price of small, for example, is P4.00,
01:51 but it's sold at P750 per piece.
01:53 Even before Christmas, the farm gate price started to drop,
01:57 and the price of pork in the market increased by P50.
02:01 We're in a loss.
02:03 In our situation, we're in a loss.
02:05 I hope the consumers will benefit.
02:07 The Department of Agriculture has not yet announced the price increase.
02:10 Meanwhile, since the first day of February,
02:13 LPG prices increased by P95 per kilo.
02:17 Mami Mili insisted,
02:19 there's no more.
02:21 Even vegetables are no longer sold as meat products.
02:26 Even if you say you're paying a high price,
02:28 if the price you're buying is still not enough.
02:32 For GMA Integrated News, Mary Pulido, in Tutok, 24 Hours.
02:37 (upbeat music)
02:41 (upbeat music)
02:44 [MUSIC PLAYING]
02:47 (upbeat music)

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