President Ferdinand Marcos Jr. has approved a significant increase in pork import allocations, raising the country’s minimum access volume (MAV) by 150,000 metric tons in a move aimed at addressing supply constraints and stabilizing retail prices. Under Executive Order (EO) 116 signed on May 19, the MAV for pork for MAV Year 2026 was increased from 54,210 MT to 204,210 …
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The Market Monitor Minding the Nation's Business