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Philippines: Hog inventory down 4.5% in January
MANILA, Philippines — The country’s hog inventory remained on a downtrend at the start of January as production continued to decline in the last quarter of 2021, data from the Philippine Statistics Authority (PSA) showed.
The PSA reported that the country’s swine inventory stood at 9.49 million heads as of Jan. 1, down by 4.5 percent from the 9.94 million heads in the same period last year.
The decline, however, is smaller than the 12.4 percent decrease to 9.87 million a quarter ago.
Swine population in backyard farms decreased by seven percent, while commercial farms increased by 1.9 percent, the PSA said.
Of the total swine population, 70.6 percent were raised in backyard farms, while the remaining 29.4 percent were from commercial farms.
Western Visayas recorded the highest hog population with 1.15 million heads.
This was followed by Central Visayas with 1.14 million heads and Northern Mindanao with 1.02 million heads.
The three regions accounted for 34.9 percent of the country’s total swine inventory.
Meanwhile, total hog production was estimated at 450,216 metric tons in the fourth quarter of last year, 12.6 percent lower than the 515,051 MT liveweight output in the same quarter the previous year.
Nine regions in the country posted lower hog production, with Cagayan Valley recording the largest decline at 47.3 percent to 7,696 MT.
Northern Mindanao was the top producer of hogs during the quarter, with a liveweight production of 62,032 MT. This was followed by Western Visayas and CALABARZON, with 53,195 MT and 51,421 MT, respectively.
The average farmgate price of hogs upgraded for slaughter was P152.43 per kilo, liveweight.
This was 21.4 percent higher than the previous year’s same quarter average farmgate price of P125.60 per kilo, liveweight.
Source: https://www.philstar.com/business/2022/03/30/2170778/hog-inventory-down-45-january