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Private investment needed for hog industry to recover from ASF - BusinessWorld Online

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PORK PRODUCERS said support from private investors will be needed to help the hog industry recover from the ongoing outbreak of African Swine Fever (ASF). READ:

“The swine industry’s recovery may greatly depend on investment from the private sector, which is directly connected to hog raisers confidence in reinvesting, considering the recent policies of the government favoring pork imports at a very low tariff,” Pork Producers Federation of the Philippines, Inc. President Rolando E. Tambago said in a text message.

“We are just hoping the Department of Agriculture programs to finally stop ASF will work this time,” he added. “The hog industry will gain momentum this year and recover from its losses due to the havoc caused by ASF since 2019,” the DA said in a statement.

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