The average farmgate price of broiler chicken during the fourth quarter of 2018 was PhP 77.44 per kilogram, liveweight. This was 11.13 percent lower from previous year’s price of PhP 87.14 per kilogram, liveweight. The highest farmgate price was recorded in October at PhP 80.33 per kilogram, liveweight. (Table 3)
Inventory
The total chicken inventory as of 1 January 2019 was estimated at 186.37 million birds. This posted an increase of 6.03 percent compared with previous year’s stocks of 175.77 million birds. Among the three types of chicken, native/improved chicken had the highest inventory of 83.34 million birds or 44.72 percent of the total chicken inventory.
All the three types of chicken posted increases in inventory with layer chicken recording the highest at 9.12 percent. Broiler chicken and native/improved chicken grew by 7.20 percent and 3.79 percent, respectively.
About 42.01 percent of the total chicken inventory in the country were raised in Central Luzon, CALABARZON and Western Visayas. (Table 2)
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