The average farmgate price of hogs upgraded for slaughter in April to June 2019 was PhP110.15 per kilogram, liveweight. This was 6.6 percent lower than the average farmgate price level of PhP117.88 per kilogram, liveweight, in 2018.
During the reference period, the highest average farmgate price was recorded in April at PhP110.89 per kilogram, liveweight while the lowest price was noted in June at PhP108.71 per kilogram, liveweight. (Table 3)
As of 01 July 2019, the total inventory of swine in the country was estimated at 12.70 million heads. This represents a decrease of 0.6 percent compared with its previous year’s stocks of 12.78 million heads. Population of swine in backyard farms of 8.02 million heads contracted by 1.2 percent from the previous year’s count of 8.12 million heads. On the other hand, stocks in commercial farms at 4.68 million heads expanded by 0.4 percent from the previous year’s level of 4.66 million heads.
Among the regions, Central Luzon recorded the highest swine inventory of 2.21 million heads. This was followed by CALABARZON and Western Visayas with stocks of 1.53 million heads and 1.23 million heads, respectively. The combined stocks of these three regions accounted for 39.1 percent of the country’s total swine inventory. (Table 2)
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