I. Introduction

This is one of the modular reports of the Agriculture and Fisheries Indicators System (AFIS) which provides information on the movement in the prices of selected agriculture and fishery commodities and marketed shares in the volume of palay produced.

II. Data Sources

III. Methodology

1. Farmgate and retail price statistics are based on the new series wherein the monthly average farmgate price by region per commodity is computed as the arithmetic mean of the average prices of the provinces. For the national level, the monthly average farmgate price per commodity is the arithmetic mean of the average prices of the regions.

2. Commodities are not converted with the assumption that these are sold in the same product form from farm to retail market.

Farm to Retail Price Gap

Percent of Palay Produce Marketed

IV. Concepts and Definition of Terms

Consumer Price Index (CPI) – indicates the change in the average prices of a fixed basket of goods and services commonly purchased by households relative to a base year.

Farm Price - refers to the price received by a farmer for the sale of his/her crops at the first point of sale. This price depends on the place of sale, which may be within the production site, at the wholesale market, retail market, or other areas.

Retail Price - refers to the price at which a commodity is sold in small quantities for consumption.

Farm to Retail Price Gap - measures the price mark-up of the commodity as it leaves the farmgate to the different marketing channels until it reaches the consumer. It is the difference between the farm price and the retail price.

Percent of Palay Produce Marketed – is the portion of total palay production which enters the marketing channels. It measures the proportion of total quantity marketed to total production.

V. Dissemination of Results

Statistical tables, infographics, and modular report are included in the web release.

VI. Citation

Philippine Statistics Authority. (2024). Technical Notes on Prices and Marketing of Agricultural Commodities. https://psa.gov.ph/statistics/technical-notes/1684063417

VII. Contact Information

Ms. Maria Clarinda E. De Guzman
(Senior Statistical Specialist)
Officer-in-Charge, Agricultural Accounts Division
(+63) 9175402807
c.deguzman@psa.gov.ph

For data request, you may contact:

Knowledge Management and Communications Division
(02) 8462-6600 loc. 820
info@psa.gov.ph | kmcd.staff@psa.gov.ph