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The Philippine retail price of chicken rose to P210 per kilo as poultry raisers cut production after losses from low farmgate prices and imported frozen chicken. Local chick supply fell as producers halted operations from mid-November.
Reduced local production tightens Philippine chicken supply and may lift import demand for feed ingredients later, though the effect on global grain prices is limited.
philstar.comBella CariasoDec 1, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
