The average farmgate price of cattle for slaughter during the quarter was quoted at PhP 121.61 per kilogram, liveweight. This was 8.1 percent higher than the average farmgate price of PhP 112.54 per kilogram, liveweight in the same period of 2019.
During the reference period, the highest average farmgate price of cattle for slaughter was recorded in July at PhP 122.38 per kilogram, liveweight, while the lowest was in August at PhP 120.99 per kilogram, liveweight. (Figure 3 and Table 3)
Inventory
As of 01 July 2020, the total cattle inventory in the country was estimated at 2.60 million heads,1.4 percent higher than previous year same period count of 2.56 million heads. Among all ages, cow accounted for 42.9 percent of the total cattle population, heifer shared 18.9 percent, yearling contributed 15.5 percent, while the remaining 22.6 percent were combined population of bull and cattles of other ages. (Figure 2 and Table 2)
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