Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Stock Markets

PHL’s 11-month meat imports up 19%

REUTERS

MEAT IMPORTS rose 19.4% by volume in the 11 months to November, led by pork and beef, according to the Bureau of Animal Industry (BAI).

The BAI reported meat shipments of 1.33 billion kilograms in the first 11 months. Meat imports in November grew 46.7% to 141.34 million kilos.

Accounting for about 50.4% of all imports, pork shipments rose 21.9% to 671.56 million kilos for the period.

Brazil supplied around 184.81 million kilos of pork, followed by Spain (158.14 million kilos) and Canada (92.94 million kilos).

Beef imports increased 39.7% to 187.71 million kilos during the 11 months accounting for 14.1% of meat imports.

Imports of beef from Brazil amounted to 80.68 million kilos, followed by Australia (49.59 million kilos) and Ireland (15.54 million kilos).

Shipments of chicken totaled 435.5 million kilos in the 11 months, up 10.7% and accounting for 32.7% of meat imports.

Brazil remained the top supplier of chicken with 216.9 million kilos, followed by the US (145.73 million kilos) and Australia (9.32 million kilos).

Imports of turkey meat more than doubled to 1.27 million kilos. Shipments accounted for 0.1% of total meat imports.

On the other hand, shipments of duck, lamb, and buffalo meat declined during the 11-month period.

Buffalo imports, which accounted for 2.6% of total volume, slipped 9.65% during the period to 35.2 million kilos.

Shipments of duck declined 25.8% to 208,792 kilos, while lamb imports fell 13.4% to 613,448 kilos. — Adrian H. Halili

    You May Also Like

    Finance

    Sara Davies, the Dragons’ Den entrepreneur, is set to regain control of Crafter’s Companion, the craft supply business she founded, through a fast-tracked pre-pack...

    Stock Markets

    SULA Spirits celebrates Filipino artistry with bottles that are as refined as the craft they hold. Have you ever wondered how the perfect day...

    Finance

    Millions of people across the UK are at risk of penalties after HM Revenue & Customs (HMRC) revealed that 5.4 million taxpayers have yet...

    Finance

    Businesses shed jobs at the fastest pace in four years last month after higher employment costs and mounting uncertainty from the autumn budget dented...

    Disclaimer: CaptainOfSuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.