THE prices of eggs in the market are seeing an increase as the holiday season draws near.
Latest price monitoring by the Department of Agriculture (DA) showed medium-sized eggs are now priced at P9.50 per piece.
This prompted some customers to buy the small-sized or “peewee” eggs, which cost P7 each at the Trabajo Market in Manila, according to a “24 Oras” report.
“‘Pag December talaga nagtataas ‘yan halos araw-araw. Kaya farm po kumikita ‘di gaya namin (na) retailer,” an egg retailer shared.
The Philippine Egg Board Association (PEBA) acknowledged egg prices went up due to the sluggish production but expressed confusion over the extent of the price hike.
“P7 ang average namin sa farm sa medium, P7.40 sa large. Sa market, ang presyo sabi niyo P9.50 sa medium, pagkatapos P11 to P12 sa large. Ang laki naman ng diperensya… Parang sobra naman,” said PEBA chairperson Gregorio San Diego.
DA undersecretary Deogracias Victor Savellano said the department is exerting efforts to boost the country’s corn production, which is used as chicken feed.
Once the prices of chicken feed decrease, Savellano said egg supplies will increase and the country may start exporting should there be an oversupply. (GMA Integrated News)
