Q3 2019 Retail Price Situationer of Selected Agricultural Commodities in BARMM
The average retail price of Cereals decreased by Php6.15 per kilogram between the third quarters of 2018 and 2019.
Rootcrops in BARMM had an average retail price of PhP76.90 per kilogram during the third quarter of 2019. This was 5.49 percent lower than that of the third quarter of the previous year.
3. Beans and Legumes
The average retail price of Beans and Legumes in the region in the third quarter of 2019 was PhP78.78 per kilogram. This was 3.75 percent lower than the average retail price of these commodities in the third quarter of the previous year which was PhP81.85 per kilogram.
Condiments in BARMM had an average retail price of PhP120.25 per kilogram during the third quarter of 2019. This was 4.48 percent or PhP5.16 more than its retail price in the third quarter of the previous year.
5. Fruit Vegetables
The average retail price per kilogram of Fruit Vegetables in BARMM increased by 3.17 percent or by PhP1.47 in the third quarter of 2019.
6. Leafy Vegetables
The average retail price per kilogram of Leafy Vegetables in BARMM decreased by 3.85 percent or PhP2.26 in the third quarter of 2019.
Fruits in BARMM posted a 2.51 percent decrease in its average retail price during the third quarter of 2019. This was PhP1.87 less than its average retail price in the previous year of the same period.
8. Commercial Crops
The retail price per kilogram of Coconut matured in BARMM decreased by 13.73 percent or by PhP2.40 between the third quarters of 2018 and 2019.
Retail prices of all Meat commodities in BARMM, except for Pork Lean Meat, increased during the third quarter of 2019.
The average retail prices of Poultry commodities in BARMM increased by 0.60 percent. This was brought by the increase in all commodities under this sector, except for Chicken Fully Dressed (broiler), while there was no production for Chicken Broiler (live) during the third quarter of 2018.
Fish commodities in BARMM were sold at an average retail price of PhP218.38 per kilogram. It was 30.60 percent higher or PhP51.17 more than its price in the third quarter of the previous year.
A brief report entitled “Retail Price Situationer of Selected Agricultural Commodities” provides quarterly updates on the prevailing retail prices of indicator agricultural commodities. The prices are gathered from designated trading centers in key city of each region. The price update is a quarterly report generated from the Retail Price Surveys (RPS) which is one of the services provided by the Agricultural Marketing Information System (AGMARIS).
The RPS intends to collect retail prices and other relevant marketing information at various frequencies at pre-selected major trading centers throughout the country.
The following agricultural and selected basic commodities are included in the weekly price collection:
- Regular milled
- Well milled
- Special (fancy)
- NFA Rice RMR
- NFA Rice WMR
- Onion, red
- Garlic, native
- Garlic, imported
- Ginger, Hawaiian
- Pork, liempo
- Pork, lean meat
- Beef, lean meat
- Beef, meat with bones
- Dressed chicken
- Chicken egg, med. (pc)
- White potato
- Pechay, native
- Banana, lakatan
- Banana, latundan
- Mango, carabao
- Cooking Oil, lapad
- Cooking Oil, long Neck
- Refined Sugar
- Brown Sugar