DA sets price ceiling for meat in major Cagayan de Oro markets

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CAGAYAN DE ORO CITY—-The Department of Agriculture (DA) has imposed a price ceiling on beef, pork and poultry products sold in the city’s major public markets.

The order took effect on Thursday, covering meat vendors in the Cogon and Carmen public markets, according to lawyer Jose Edgar Uy, head of the city’s Regulatory and Complaints Board.

Uy added that they are also looking into the inclusion of other public markets.

But meat traders said the price ceiling set for pork leaves them with a slim profit margin and that they could barely cope with overhead expenses.

The price ceiling was set after a DA study showed that there is no increase in the prod…

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