The average farmgate price of cereal commodities recorded increases except for matured yellow corn. Specifically, the average farmgate price of fancy dry palay was posted at PHP 20.58 per kilogram in the fourth quarter of 2020 registering a PHP 1.82 increase from its price in the same quarter in 2019. Other variety of dry palay was recorded at
PHPHP 15.84 per kilogram. Moreover, green corn's average farmgate price rose to PHP 20.41 per kilogram in the fourth quarter of 20200. In contrast, average farmgate price of matured yellow corn went down from PHP 9.69 per kilogram in the fourth quarter of 2019 to PHP 6.43 in 2020. (See Figure 1)
Cassava, fresh tubers for food was sold at PHP 12.28 per kilogram in the fourth quarter of 2020 which was PHP 1.87 higher than its price in 2019. Contrarily, decreases were listed in the average price of gabi tagalog, sweet potato and turnips at PHP 3.21, PHP 0.86 and PHP 1.01 per kilogram, respectively. (See Figure 2)
Beans and Legumes
For the fourth quarter of 2020, the average farmgate price of dry peanut with shell went down to PHP 37.81 per kilogram posting a PHP 16.43 per kilogram decrease from its 2019 same period price of PHP 54.24. On the other hand, the average farmgate price of fresh peanut posted an increase of PHP 2.46 per kilogram. Stringbeans’ average farmgate price also rose to H51.93 per kilogram in the fourth quarter of 2020 from PHP 36.37 per kilogram in 2019 which was equivalent to 42.8 percent increase. (See Figure 3)
On the average, the farmgate price of Hawaiian ginger was recorded at PHP 84.32 per kilogram in the fourth quarter of 2020 which was PHP 30.55 higher than its price in 2019. On the other hand, native onion was sold at a lower price of PHP 66.02 per kilogram in the fourth quarter of 2020 compared to PHP 81.95 per kilogram in 2019. Red and green bell pepper registered a PHP 18.75 increment in its price. A significant increase of PHP 102.15 or 155.1 percent was recorded for green pepper finger which was sold at PHP168.00 per kilogram in the fourth quarter of 2020. Likewise, the average farmgate price of pepper hot, red labuyo rose to PHP 291.75 per kilogram in the fourth quarter of 2020 from PHP 262.89 in 2019. (See Figure 4)
Almost all vegetable commodities in the fourth quarter of 2020 had higher prices than in the same quarter of 2019. Ampalaya and eggplant long (purple) recorded PHP 20.94 and PHP 10.12 price increases, respectively. Okra was sold at PHP 46.80 per kilogram in the fourth quarter of 2020, PHP 19.86 higher than its price in 2019. The average farmgate price of native patola also increased to PHP 33.55 in the fourth quarter of 2020 from PHP 18.02 in 2019. An upsurge of PHP 37.34 or 147.7 percent was recorded for the average farmgate price of tomato. It was sold at PHP 62.62 per kilogram in the fourth quarter of 2020. On the other hand, squash was sold at a lower price of PHP 16.81 per kilogram. (See Figure 5)
Kangkong’s average farmgate price increased to PHP 14.03 in the fourth quarter of 2020 recording a price hike of PHP 1.77 per kilogram. The average farmgate price of lettuce almost doubled from PHP 74.02 in the fourth quarter of 2019 to PHP 145.92 per kilogram in 2020. Native pechay was sold at a farmgate price of PHP 41.73 in the fourth quarter of 2020 which was PHP 13.10 higher than its price in 2019. (See Figure 6)
Banana lakatan (green), banana latundan (green) and banana saba (green) were sold at an average farmgate price of PHP 33.72, PHP 27.89 and PHP 19.22 per kilogram, respectively. The average farmgate price of calamansi went down by PHP 10.70 in the fourth quarter of 2020. In the same manner, prices for Szinkom mandarin and Hawaiian pineapple also decreased in the fourth quarter of 2020. Contrarily, higher prices were reported for mango carabao (green) and papaya solo for the fourth quarter of 2020 compared to their prices in 2019. Moreover, the average farmgate price of watermelon was estimated at PHP 36.82 per kilogram recording a PHP 13.47 increase compared to that of the fourth quarter in 2019. (See Figure7)
Coconut green young ‘buko’ was sold at PHP 8.99 per piece on the average. Higher average farmgate prices were recorded for coconut matured and sugarcane muscovado, sugar which were sold at PHP 8.90 per piece and PHP 57.95 per kilogram, respectively. (See Figure 8)
Livestock and Poultry
For backyard livestock and poultry, cattle and goat for slaughter recorded the highest price at PHP 199.00 per kilogram. Moreover, price increments of PHP 25.47 and PHP 18.31 per kilogram were posted for cattle and goat for slaughter, respectively. Hogs upgraded for slaughter was sold at PHP 191.07 per kilogram registering an upsurge of PHP 95.51 or 50.0 percent. On the other hand, chicken broiler, other breed was sold at a lower price of PHP 108.84 per kilogram registering a PHP 21.61 decrease from its price in the fourth quarter of 2019. (See Figure 9)
Among the commercial livestock, cattle for slaughter had the highest price amounting to PHP 197.71 per kilogram posting an increase of PHP 57.44 from its price in the fourth quarter of 2019. Furthermore, the average farmgate price of hogs upgraded for slaughter upsurged by 2.39 times as it was sold at PHP 202.44 per kilogram. Contrarily, price decreases were observed for chicken broiler, other breed and duck for meat. (See Figure 10)
Chicken egg, other breed and duck egg also posted lower prices in the fourth quarter of 2020 at PHP 5.85 and PHP 6.94 per piece, respectively. (See Figure 11)
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.