THE Department of Agriculture (DA) said the supply of pork will remain sufficient during the holidays, even following the temporary ban on hog and pork imports from Spain after it confirmed an outbreak of African Swine Fever (ASF) . Agriculture Secretary Francisco Tiu Laurel, Jr. said the import freeze, which covers live pigs, pork meat, […]THE Department of Agriculture (DA) said the supply of pork will remain sufficient during the holidays, even following the temporary ban on hog and pork imports from Spain after it confirmed an outbreak of African Swine Fever (ASF) . Agriculture Secretary Francisco Tiu Laurel, Jr. said the import freeze, which covers live pigs, pork meat, […]

Pork supply seen sufficient for holidays after Spanish import ban; inventory ample

2025/12/08 00:03

THE Department of Agriculture (DA) said the supply of pork will remain sufficient during the holidays, even following the temporary ban on hog and pork imports from Spain after it confirmed an outbreak of African Swine Fever (ASF) .

Agriculture Secretary Francisco Tiu Laurel, Jr. said the import freeze, which covers live pigs, pork meat, pork skin and semen used for artificial insemination, will not drive up prices or tighten supply.

Mr. Laurel said “cold storage units are full” and that inventory levels can handle the increased year-end demand.

The Philippines banned Spanish pork imports following the confirmation of ASF cases among wild pigs in Sabadell, Vallès Occidental in Catalonia.

The DA said all sanitary and phytosanitary permits for hog imports from Spain have been automatically revoked.

According to the DA, only frozen pork products produced on or before Nov. 11, and which were loaded, in transit, or accepted at port on or before Dec. 4, will be allowed entry into the Philippines.

Spain is one of the largest pork producers in the European Union and the second-largest supplier of pork to the Philippines, shipping 117,000 metric tons in the nine months. — Vonn Andrei E. Villamiel

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

XRP Price Prediction: Can Ripple Rally Past $2 Before the End of 2025?

XRP Price Prediction: Can Ripple Rally Past $2 Before the End of 2025?

The post XRP Price Prediction: Can Ripple Rally Past $2 Before the End of 2025? appeared first on Coinpedia Fintech News The XRP price has come under enormous pressure
Share
CoinPedia2025/12/16 19:22
BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44
DMCC and Crypto.com Partner to Explore Blockchain Infrastructure for Physical Commodities

DMCC and Crypto.com Partner to Explore Blockchain Infrastructure for Physical Commodities

The Dubai Multi Commodities Centre and Crypto.com have announced a partnership to explore on-chain infrastructure for physical commodities including gold, energy, and agricultural products. The collaboration brings together one of the world's leading free trade zones with a global cryptocurrency exchange, signaling serious institutional interest in commodity tokenization.
Share
MEXC NEWS2025/12/16 20:46