The average farmgate price of cattle for slaughter was quoted at PhP 172.33 per kilogram, liveweight during the quarter. This indicates a decrease of 0.3 percent from the previous year’s same quarter average farmgate price of PhP 172.80 per kilogram, liveweight. (Figure 4)

In the third quarter of 2023, the highest average farmgate price was noted in August at PhP 174.58 per kilogram, liveweight, while the lowest average farmgate price was observed in July at PhP 168.13 per kilogram, liveweight.