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Diosdado Macapagal Government Center, Maimpis, City of San Fernando, Pampanga Telephone: (045) 455-2552 ; (045) 436 3806 www.psa.gov.ph/rsso03.psa.gov.ph Special Release Central Luzon’s Farmgate Prices of Agricultural Commodities Fourth Quarter 2018 Preliminary Results Date of Release: 03 April 2019 Reference No. 2019-SRFGP-Q42018-018 Cereals The average farmgate price of dry palay in the region was estimated at P20.73 per kilogram in the fourth quarter of 2018. It increased by P1.52 compared to the P19.21 per kilogram in the same period of 2017. Matured yellow corn also increased in its farmgate price by P5.80 per kilogram. The farmgate price of matured yellow corn was P7.32 per kilogram in 2017 to P13.12 per kilogram in 2018. On the other hand, green corn decreased by P0.19 in its average farm gate price from P19.01 per kilogram in 2017 to P18.82 in 2018. (See Figure 1) Figure 1. Average Farmgate Price of Cereals, Central Luzon: Fourth Quarter 2017 and 2018 Source: Philippine Statistics Authority

Special Release - rsso03.psa.gov.phrsso03.psa.gov.ph/sites/default/files/SR_Central Luzon_Farmgate Prices... · Diosdado Macapagal Government Center, Maimpis, City of San Fernando,

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Page 1: Special Release - rsso03.psa.gov.phrsso03.psa.gov.ph/sites/default/files/SR_Central Luzon_Farmgate Prices... · Diosdado Macapagal Government Center, Maimpis, City of San Fernando,

Diosdado Macapagal Government Center, Maimpis, City of San Fernando, Pampanga

Telephone: (045) 455-2552 ; (045) 436 3806 www.psa.gov.ph/rsso03.psa.gov.ph

Special Release Central Luzon’s Farmgate Prices of Agricultural Commodities

Fourth Quarter 2018

Preliminary Results

Date of Release: 03 April 2019 Reference No. 2019-SRFGP-Q42018-018

Cereals

The average farmgate price of dry palay in the region was estimated at P20.73 per

kilogram in the fourth quarter of 2018. It increased by P1.52 compared to the P19.21

per kilogram in the same period of 2017. Matured yellow corn also increased in its

farmgate price by P5.80 per kilogram. The farmgate price of matured yellow corn

was P7.32 per kilogram in 2017 to P13.12 per kilogram in 2018. On the other hand,

green corn decreased by P0.19 in its average farm gate price from P19.01 per

kilogram in 2017 to P18.82 in 2018. (See Figure 1)

Figure 1. Average Farmgate Price of Cereals, Central Luzon:

Fourth Quarter 2017 and 2018

Source: Philippine Statistics Authority

Page 2: Special Release - rsso03.psa.gov.phrsso03.psa.gov.ph/sites/default/files/SR_Central Luzon_Farmgate Prices... · Diosdado Macapagal Government Center, Maimpis, City of San Fernando,

Diosdado Macapagal Government Center, Maimpis, City of San Fernando, Pampanga

Telephone: (045) 455-2552 ; (045) 436 3806 www.psa.gov.ph/rsso03.psa.gov.ph

Root Crops Cassava, fresh tubers for food, gabi tagalog for sinigang and sweet potato increased in the average farmgate price during the fourth quarter of 2018. Among the three commodities, gabi tagalog for sinigang posted the highest increase of P4.42 per kilogram in its farmgate price from P15.50 per kilogram in 2017 to P19.92 in 2018. (See Figure 2)

Figure 2. Average Farmgate Price of Root Crops, Central Luzon: Fourth Quarter 2017 and 2018

Beans and Legumes On the average, the farmgate price of fresh peanut with shell was P47.56 per kilogram in the fourth quarter of 2018. It posted an increase of P22.29 per kilogram compared to its price of P25.27 per kilogram during the fourth quarter of 2017. The same trend was observed to stringbeans which posted an increase of P10.08 per kilogram. Its farmgate price was P27.29 per kilogram in 2017 to P37.37 per kilogram in 2018. (See Figure 3) On the other hand, dry peanut with shell decreased by 16.76 percent or P8.04 per kilogram from P47.98 per kilogram in 2017 to P39.94 per kilogram in 2018.

Source: Philippine Statistics Authority

Page 3: Special Release - rsso03.psa.gov.phrsso03.psa.gov.ph/sites/default/files/SR_Central Luzon_Farmgate Prices... · Diosdado Macapagal Government Center, Maimpis, City of San Fernando,

Diosdado Macapagal Government Center, Maimpis, City of San Fernando, Pampanga

Telephone: (045) 455-2552 ; (045) 436 3806 www.psa.gov.ph/rsso03.psa.gov.ph

Figure 3. Average Farmgate Price of Beans and Legumes, Central Luzon: Fourth Quarter 2017 and 2018

Vegetables Among the fruit vegetables in Central Luzon, eggplant native round has the highest increase of P13.64 per kilogram in its average farmgate price of P55.31 in the fourth quarter in 2018 to same quarter in 2017 while okra posted the biggest decrease or P7.17 per kilogram. The remaining commodities showed a slight difference in the farmgate prices during the fourth quarter of 2018 compared with that of the same period in 2017. (See Figure 4)

Figure 4. Average Farmgate Price of Vegetables, Central Luzon: Fourth Quarter 2017 and 2018

Source: Philippine Statistics Authority

Source: Philippine Statistics Authority

Page 4: Special Release - rsso03.psa.gov.phrsso03.psa.gov.ph/sites/default/files/SR_Central Luzon_Farmgate Prices... · Diosdado Macapagal Government Center, Maimpis, City of San Fernando,

Diosdado Macapagal Government Center, Maimpis, City of San Fernando, Pampanga

Telephone: (045) 455-2552 ; (045) 436 3806 www.psa.gov.ph/rsso03.psa.gov.ph

Fruits All fruits in Figure 5 shown below were observed to have higher average farmgate prices in the fourth quarter of 2018 compared to that of the same quarter in 2017 except watermelon which posted a decrease of P3.47 per kilogram from P27.48 per kilogram in 2017 to P24.01 per kilogram in 2018. (See Figure 5) Hawaiian pineapple posted the highest increase of P13.54 per kilogram followed by Szinkom mandarin and calamansi with P11.71 per kilogram and P5.90 per kilogram increase, respectively.

Figure 5. Average Farmgate Price of Fruits, Central Luzon: Fourth Quarter 2017 and 2018

Commercial Crops Coconut green, young and sugarcane muscovado posted higher price in fourth quarter in 2018 while coconut matured posted lower price or 30.05 percent decrease from P11.03 per piece in fourth quarter of 2017 down to P7.71 per piece in 2018. (See Figure 6)

Source: Philippine Statistics Authority

Page 5: Special Release - rsso03.psa.gov.phrsso03.psa.gov.ph/sites/default/files/SR_Central Luzon_Farmgate Prices... · Diosdado Macapagal Government Center, Maimpis, City of San Fernando,

Diosdado Macapagal Government Center, Maimpis, City of San Fernando, Pampanga

Telephone: (045) 455-2552 ; (045) 436 3806 www.psa.gov.ph/rsso03.psa.gov.ph

Figure 6. Average Farmgate Price of Commercial Crops, Central Luzon: Fourth Quarter 2017 and 2018

Livestock and Poultry Most of the backyard livestock posted an increase in the average farmgate price in the fourth quarter of 2018. The highest price hike was observed on carabao for slaughter which recorded an increase of P17.59 per kilogram in 2018 as compared with that of 2017. This was followed by cattle for slaughter with P11.00 per kilogram increase. (See Figure 7)

Figure 7. Average Farmgate Price of Livestock (Backyard), Central Luzon: Fourth Quarter 2017 and 2018

Source: Philippine Statistics Authority

Source: Philippine Statistics Authority

Page 6: Special Release - rsso03.psa.gov.phrsso03.psa.gov.ph/sites/default/files/SR_Central Luzon_Farmgate Prices... · Diosdado Macapagal Government Center, Maimpis, City of San Fernando,

Diosdado Macapagal Government Center, Maimpis, City of San Fernando, Pampanga

Telephone: (045) 455-2552 ; (045) 436 3806 www.psa.gov.ph/rsso03.psa.gov.ph

The figure below shows that the commercial broiler chicken’s farmgate price was P11.93 per kilogram lower in the fourth quarter of 2018 than that of the same quarter in 2017. Meanwhile, commercial duck meat recorded an increase of P2.37 per kilogram in the farmgate price in 2018. Chicken egg, were sold at a farmgate price of P4.45 per piece in the fourth quarter of 2018 which was P0.02 per piece lower than that of the same quarter in 2017. On the other hand, duck egg were sold at a farmgate price of P6.26 per piece, slightly higher by P0.15 per piece compared with that of same quarter in 2017. (See Figure 8)

Figure 8. Average Farmgate Price of Poultry (Commercial), Central Luzon: Fourth Quarter 2017 and 2018

EDGARDO G. PARE Regional Director, PSA RSSO III

Source: Philippine Statistics Authority

Page 7: Special Release - rsso03.psa.gov.phrsso03.psa.gov.ph/sites/default/files/SR_Central Luzon_Farmgate Prices... · Diosdado Macapagal Government Center, Maimpis, City of San Fernando,

Diosdado Macapagal Government Center, Maimpis, City of San Fernando, Pampanga

Telephone: (045) 455-2552 ; (045) 436 3806 www.psa.gov.ph/rsso03.psa.gov.ph

Technical Notes The Farm Price Survey (FPS) is a nationwide undertaking of the Philippine Statistics Authority geared towards the collection and compilation of basic information on trading transactions for crops, livestock, poultry and poultry eggs at the farm level. The data collection is conducted during the last ten (10) days of the month. FPS primarily aims to generate estimates on farmgate prices of major agricultural commodities which will assist policy makers in the formulation, implementation and administration of economic programs.

Definition of Terms

Farmgate Price - price received by farmers for their crops, livestock, and poultry at the location of farm. Thus, the marketing costs such as the transport and other marketing cost (if any) incurred in selling the produce are not included in the farmgate prices. Livestock - For the FPS, livestock animals include carabao, cattle, hog, and goat that are tended and raised by an operator for the purpose of slaughtering, breeding, fattening, and/or for work. Slaughter– butchering of animal for the purpose of human consumption. Poultry- a collective term for all domesticated avian for the purpose of food consumption or, the carcass of such avian/dressed processed for human consumption. For farm prices survey, poultry covers only those that are tended and raised by an operator particularly, chicken (broiler, layer (culls), native/improved, fighting cock) and duck (muscovy and mallard). Broiler - refers to chicken of foreign breed raised for meat purposes. They have white feathers and yellowish skin. Layer - refers to chicken of foreign breed raised for egg production. For the FPS, layer chicken refers to culls or unproductive birds removed from the flock and disposed of for meat production. Native/improved – a common backyard chicken that is a mixture of different breeds. It is small, active, sensitive and capable of great flight when frightened. Chicken Broiler, other breed - Chicken of foreign breed raised for meat purposes usually disposed of within 45-46 days. Poultry Eggs – for FPS, poultry eggs include native chicken eggs, layer chicken eggs and duck eggs only.