Latest update April 17th, 2024 12:59 AM
Jul 10, 2012 News
Government has issued a licence for the importation of 500,000 pounds pork to keep prices stable as the massive demand for pork on the local market has increased, Minister of Agriculture Dr. Leslie Ramsammy confirmed yesterday. However, the name of the importer was not disclosed. Pork is being sold by retailers at $700 per pound. The licence would only be valid until September 2012, Ramsammy said.
Demand for the meat has been growing over the last three years; consumption has risen to over three million kilograms (6.7 million pounds).
Unlike cattle and poultry, most swine farmers usually rear on a small scale. In 2011, Guyanese consumed 30 million kilograms of chicken and about 35 million table eggs.
Dr Ramsammy explained that when the market is undersupplied, demand outstrips the supply and the price will go up, and as such a licence was given to ensure sustainability.
Businessmen in the meat sector noted the demand can be a factor because of the recent shortage of chicken. It was further noted the shortage may be as a result of the huge amount of the meat being exported to Brazil.
Dr Ramsammy was confident that Guyana still possesses the capacity to produce an adequate supply of pork, beef and poultry to sustain the local market.
Government recently granted 12 licences for the importation of one million pounds of chicken. The licences are to expire in three months, on September 12. This decision was made in response to the increase in price for chicken.
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