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NewsTranscript
00:00Egan, some retailers are not following the maximum suggested retail price of pork based on the monitoring of the Department of Agriculture.
00:13Let's check the price in the Blue Mountain Market in Manila before we add to cart.
00:18In the first news live, James Agustin. James.
00:22Good morning, Egan.
00:27In some places that I visited here in the Blue Mountain Trade Market in Manila earlier,
00:32there are some places that sell pork based on the maximum suggested retail price of the government.
00:41In a press conference last Monday of the Department of Agriculture,
00:44ASEC Arnel De Mesa mentioned that there are some that are not following the MSRP.
00:50Some of the meat retailers that I talked to are admitting that they are following the MSRP.
00:57Pork chops, pigue, and kasip are sold for P340 per kilo in this place in the Blue Mountain Trade Market in Manila.
01:06P380 per kilo of pork is included in the maximum suggested retail price or MSRP
01:13that was set by the Department of Agriculture in Metro Manila since March 10.
01:18The meat dealer, Jojo, admitted that they are reducing the pork they are cutting every day.
01:22I am just passing through the wholesale market. I am trying to avoid going to the wholesale market.
01:30Of course, the price is still low. That's why I am reducing the price.
01:35I don't want to follow the government's suggested price.
01:42They hope that the pork's farm gate price will go down so that they can sell it at a lower price to the buyers.
01:48Aside from the cost of the trucking and slaughterhouse, they are also paying for a place and people.
01:53Fidel is a meat retailer. He is buying two to three pigs per supplier every day from the previous five.
02:01His sales are also included in the MSRP.
02:04It depends on the price given to us.
02:08It's okay. It's just right. It's not overpriced.
02:17There are those who can't afford the price, especially when they are buying only one pig per supplier every day.
02:22It's really high. It's 420. We will increase it to P380. We will sell it at 420.
02:34Because the price of pork is still high, the buyers are discarding it.
02:38Others are reducing the price of pork depending on how much is included in the budget.
02:48Meanwhile, the MSRP is not stopping the pork being sold in supermarkets and hypermarkets.
02:56That is the first news from Manila. I am James Agustin for JEMA Integrated News.
03:04Please subscribe to JEMA Integrated News on YouTube for updates on our country.