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Carabao Situation Report, July-September 2023

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The average farmgate price of carabao for slaughter was quoted at PhP 149.30 per kilogram, liveweight during the quarter. This reflects an increase of 15.2 percent from the previous year’s same period average farmgate price of PhP 129.62 per kilogram, liveweight. (Figure 4)

In the third quarter of 2023, the highest average farmgate price was observed in July at PhP 161.46 per kilogram, liveweight, while the lowest average farmgate price was recorded in August at PhP 138.53 per kilogram, liveweight.