The average farmgate price of carabao for slaughter during the quarter was PhP 125.37 per kilogram, liveweight. This was 15.5 percent higher than the previous year’s same quarter average farmgate price of PhP 108.57 per kilogram, liveweight.

During the period, the highest farmgate price was noted in June at PhP 127.80 per kilogram, liveweight, while the lowest was quoted in April at PhP 123.38 per kilogram, liveweight. (Figure 4)