THE Department of Agriculture (DA) said it is seeking price-based special safeguard (SSG) measures on additional imported agricultural products, including frozenTHE Department of Agriculture (DA) said it is seeking price-based special safeguard (SSG) measures on additional imported agricultural products, including frozen

Special safeguard measures loom for more farm imports

For feedback or concerns regarding this content, please contact us at [email protected]

THE Department of Agriculture (DA) said it is seeking price-based special safeguard (SSG) measures on additional imported agricultural products, including frozen bovine meat, chicken cuts, coffee products, sausages, processed pork items, and onions.

Department Order No. 15, Series of 2026, signed by Agriculture Secretary Francisco P. Tiu Laurel, Jr. on April 20, requested that the Bureau of Customs apply additional duties on such products.

A price-based special safeguard measure allows the government to temporarily raise duties on specific imported products when their prices fall below set thresholds, to protect domestic industries from cheap imports.

Republic Act No. 8800 or the Safeguard Measures Act, authorizes  the DA to impose SSG duties on agricultural products without a formal investigation once a trigger price is breached on a cost, insurance, and freight (CIF) basis.

The DA said monitoring by its Trade Remedies Office, an arm of the Policy Research Service, found that CIF prices of several products breached their respective trigger levels, prompting the request for safeguard duties.

Among the products covered were frozen chicken meat, edible offal, wings, and cuts, all assigned a trigger price of P93.96 per kilo, as well as frozen chicken livers with a trigger price of P423.55 per kilo.

The order also covers the frozen meat of bovine animals, which includes beef, at a trigger price of P89.22 per kilo.

Hams, shoulders, and cuts of swine, salted, dried, or smoked, were assigned a trigger price of P79.63 per kilo. Similar products prepared or preserved in airtight containers for retail sale were assigned a trigger price of P305.73 per kilo.

Several coffee products were likewise included in the order, such as roasted coffee other than Arabica and Robusta with a trigger price of P134.11 per kilo, and instant coffee and coffee preparations, which were assigned a trigger price of P203.74 per kilo.

Sausages and similar meat products in airtight containers for retail sale were assigned a trigger price of P65.03 per kilo, while preserved chicken meat products in airtight containers were assigned a trigger price of P259.22 per kilo.

The order also covered other meat and edible meat offal salted, dried, or smoked, excluding freeze-dried diced chicken and dried pork skin, with a trigger price of P70.50 per kilo.

Other prepared and preserved meat products, including turkey-based and non-turkey or chicken meat products, were assigned trigger prices ranging from P259.22 to P298.55 per kilo.

Meanwhile, fresh and chilled onions were assigned a trigger price of P74.21 per kilo.

The SSG duties will be imposed on a per-shipment basis and will be determined by the difference between the actual CIF price at the time of import lodgment and the applicable trigger price. — Vonn Andrei E. Villamiel

Market Opportunity
Harvest Finance Logo
Harvest Finance Price(FARM)
$5,144
$5,144$5,144
+0,03%
USD
Harvest Finance (FARM) Live Price Chart

World Cup Combo: Aim for 200x

World Cup Combo: Aim for 200xWorld Cup Combo: Aim for 200x

Combine up to 20 World Cup matches in one order

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

CME Group to launch Solana and XRP futures options in October

CME Group to launch Solana and XRP futures options in October

The post CME Group to launch Solana and XRP futures options in October appeared on BitcoinEthereumNews.com. CME Group is preparing to launch options on SOL and XRP futures next month, giving traders new ways to manage exposure to the two assets.  The contracts are set to go live on October 13, pending regulatory approval, and will come in both standard and micro sizes with expiries offered daily, monthly and quarterly. The new listings mark a major step for CME, which first brought bitcoin futures to market in 2017 and added ether contracts in 2021. Solana and XRP futures have quickly gained traction since their debut earlier this year. CME says more than 540,000 Solana contracts (worth about $22.3 billion), and 370,000 XRP contracts (worth $16.2 billion), have already been traded. Both products hit record trading activity and open interest in August. Market makers including Cumberland and FalconX plan to support the new contracts, arguing that institutional investors want hedging tools beyond bitcoin and ether. CME’s move also highlights the growing demand for regulated ways to access a broader set of digital assets. The launch, which still needs the green light from regulators, follows the end of XRP’s years-long legal fight with the US Securities and Exchange Commission. A federal court ruling in 2023 found that institutional sales of XRP violated securities laws, but programmatic exchange sales did not. The case officially closed in August 2025 after Ripple agreed to pay a $125 million fine, removing one of the biggest uncertainties hanging over the token. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/cme-group-solana-xrp-futures
Share
BitcoinEthereumNews2025/09/17 23:55
Gold Slips Toward $4,000 as Persistent Inflation Data Bolsters Higher Rate Expectations

Gold Slips Toward $4,000 as Persistent Inflation Data Bolsters Higher Rate Expectations

BitcoinWorld Gold Slips Toward $4,000 as Persistent Inflation Data Bolsters Higher Rate Expectations Gold prices edged lower in early trading, approaching the
Share
bitcoinworld2026/06/30 07:50
MARA deploys military veterans to patrol MRSM hostels in bullying crackdown

MARA deploys military veterans to patrol MRSM hostels in bullying crackdown

KUALA LUMPUR, June 30 — A total of 16 Malaysian Armed Forces (ATM) veterans will report for duty as full-time ward...
Share
Malaymail2026/06/30 08:47