The January to March 2022 average farmgate price of carabao for slaughter in backyard farm was Php 142.07 per kilogram, liveweight, or 18.3 percent higher than the previous year’s same quarter price of Php 120.13 per kilogram, liveweight.

During the quarter, the highest farmgate price was observed in March at PhP 148.19 per kilogram, liveweight, while the lowest was quoted in February at PhP 134.35 per kilogram, liveweight. (Figure 3)