Philippine chicken production reached 332,090 tonnes for the first quarter of 2010, figures from the Bureau of Agricultural Statistics showed. This is just 1.81% higher than its yearago level of 326,180 tonnes. In terms of value, the sector grossed PHP 31.06 billion (USD 667.32 million), up more than 19% from last year’s PHP 26.09 billion (USD 560.5 million). This was attributed to the higher farm output and higher prices. Average farm price of chicken was pegged at PHP 93.54/kg (USD 2.01), almost 17% higher than the PHP 79.99/kg (USD 1.72) during the same period last year. Meanwhile chicken egg production rose 4.43% to 94,560 tonnes from 90,550 tonnes in 2009, thanks to the increased inventory of layers in Central Luzon, CALABARZON, Central Visayas and Northern Mindanao. Valuewise, the industry grossed PHP 8.5 billion (USD 182.62 million), up 3.11% from PHP 8.24 billion (USD 177.11 million) a year ago, while prices were at PHP 89.90/kg (USD 1.93), down 1.26% from PHP 91.05/kg (USD 1.86).
Source: Asian Agribusiness group
