Philippines - Farm Prices Survey 2010

v2.0: Edited at Central Office-level, not anonymized, for internal use

2011-02-07

Farm prices refer to the prices received by the farmers and livestock/poultry raisers for the sale of their produce at

the first point of sale, regardless of whether these are sold at the farm or elsewhere. These prices are generated

through the monthly Farm Prices Survey (FPS).

The survey on prices of agricultural commodities at the farm level has been a continuing activity of the Bureau

of Agricultural Statistics (BAS) and its predecessor, Bureau of Agricultural Economics (BAEcon). It was started

with the collection of prices received by farmers in 1957 by the then Division of Agricultural Economics of the

Department of Agriculture and Natural Resources (DANR). Conceptually, these prices were deemed to represent

the average prices received by farmers for the sale of their products of whatever grade or class at the point of first

sale.

To ensure the effectiveness of the system of generating and delivering data on farm prices, the Bureau of

Agricultural Statistics has been conducting assessment of the Farm Prices Survey methodology from time to

time. The main purpose of the assessment is to improve the quality of the price information gathered at the farm

level. The 1998 assessment provided inputs to the design of the current Farm Price Survey methodology.

Sample survey data [ssd]

The survey has individual farmers/producers as unit of analysis.