Charoen Pokphand Foods PLC (CP Foods), leading Thai integrated agro-industrial and food company, will supply 100 live hogs daily to the Food Terminal Inc. (FTI), a government corporation under the Department of Agriculture, to help stabilize pork prices in Metro Manila.
The partnership was formalized by CP Foods and FTI with the signing of a memorandum of agreement with the local unit of Thailand’s Charoen Pokphand Foods PLC (CP Foods). The MOA was signed by FTI President Joseph Lo and CP Foods Chief Operating Officer, Nattakorn Sujipittham on March 10, 2025.
These hogs will be sent directly to a slaughterhouse in Caloocan, where the Distributor and Viajeros will simply receive the live hogs directly rather than transporting them from various farms. The hogs will then be processed for fresh pork carcasses, which will be delivered to different retailers in various wet markets.
FTI’s Lo expressed optimism about the potential impact of the program. “If this pilot proves successful, we will extend it to other hog raisers, creating a broader solution to ensure pork remains affordably priced, with minimal shock to the industry,” Lo said.
In November last year, the Thai company unveiled a P10-billion plan to build 20 new breeding farms and increase local pork production. This initiative aligns with the company’s long-term goal of ensuring a stable and sustainable pork supply in the country.
