Hog farms invited to join direct-sourcing scheme - BusinessWorld Online

Stores urged to keep pork prices stable

The Department of Internal Trade (DIT) is encouraging retail and wholesale stores to keep pork prices stable, despite recent increases driven by a decline in supply.

Hog farms invited to join direct-sourcing scheme - BusinessWorld Online

THE Department of Agriculture (DA) said on Tuesday that it will invite more hog farms to participate in a direct-sourcing scheme piloted by Food Terminal, Inc. (FTI), which supplies retailers with pork products at reduced cost due to the savings on logistics. The announcement indicates plans to move forward from a pilot program between FTI and the Philippine subsidiary of Thailand’s Charoen Pokphand Foods PLC (CP Foods), which began supplying 10…