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Updated

Republic of the Philippines

Philippine Statistics Authority

ii

TITLE PAGE

Foreword i

Table of Contents ii

List of Figures iii

List of Tables iv

Assumptions and Procedures Used in Updating the

Cost of Production for Other Crops v

Assumptions and Procedures Used in Updating the

Cost of Production for Milkfishvii

Summary of Findings 1

FRUITS 1

Calamansi 1

Durian 1

Mango 2

Papaya 2

Pineapple 3

Watermelon 3

NUTS 4

Cashew 4

Pili 4

ROOT CROPS 5

Cassava 5

Sweet Potato 5

BULBS 6

Onion (Bulb) 6

Onion (Multiplier) 6

Garlic 7

VEGETABLES 7

Ampalaya 7

Cabbage 8

Carrot 8

Cauliflower 9

Eggplant 9

Habitchuelas 10

Potato 10

Stringbeans 11

Tomato 11

LEGUMES 12

Mongo 12

Peanut 12

COMMERCIAL CROP 13

Coffee 13

FISHERIES 13

Milkfish 13

Tilapia 14

TABLE OF CONTENTS

iii

FIGURE NO. TITLE PAGE

1Returns on Investment of Selected Fruits, Philippines,

2014 - 201518

2Returns on Investment of Selected Nuts, Philippines,

2014 - 201526

3Returns on Investment of Selected Root Crops,

Philippines, 2014 - 201530

4Returns on Investment of Selected Bulbs, Philippines,

2014 - 201534

5Returns on Investment of Selected Vegetables,


6Returns on Investment of Selected Legumes,


7Returns on Investment of Selected Commercial Crop,


8Returns on Investment of Selected Fisheries,


LIST OF FIGURES

iv

TABLE NO. TITLE PAGE

1Summary of Costs of Production, Selected

Commodities, Philippines, 201516

2Calamansi: Updated Average Costs of Production,


3Durian: Updated Average Costs of Production,


4Mango: Updated Average Costs of Production,


5Papaya: Updated Average Costs of Production,


6Pineapple: Updated Average Costs of Production,


7Watermelon: Updated Average Costs of Production,


8Cashew Nuts: Updated Average Costs of Production,


9Pili Nuts: Updated Average Costs of Production,


10Cassava: Updated Average Costs of Production,


11Sweet Potato: Updated Average Costs of Production,


12Onion (Red): Updated Average Costs of Production,


13Onion (Multiplier): Updated Average Costs of

Production, Philippines, 2013 - 201536

14Garlic: Updated Average Costs of Production,


15Ampalaya: Updated Average Costs of Production,


LIST OF TABLES

v

TABLE NO. TITLE PAGE

16Cabbage: Updated Average Costs of Production,


17Carrot: Updated Average Costs of Production,


18Cauliflower: Updated Average Costs of Production,


19Eggplant: Updated Average Costs of Production,


20Habitchuelas: Updated Average Costs of Production,


21White Potato: Updated Average Costs of Production,


22Stringbeans: Updated Average Costs of Production,


23Tomato: Updated Average Costs of Production,


24Mongo: Updated Average Costs of Production,


25Peanut: Updated Average Costs of Production,


26Coffee: Updated Average Costs of Production,


27Milkfish: Updated Average Costs of Production,


28Tilapia: Updated Average Costs of Production,


LIST OF TABLES

vi

ITEM BASIS/PROCEDURE

1. Stocking materials (fry, fingerlings) - movement of farmgate prices

(Cash, Non-cash and Imputed)

2. Fertilizer

Organic - movement of the retail prices of all fertilizer

Inorganic -quantity used from the survey results multiplied by the

current retail price of fertilizer by grade

3. Feeds - movement of CPI for all items

4. Pesticides, other chemicals, other inputs - movement of the retail prices for all types of pesticides

5. Land tax - 1% per annum

6. Rental: Land - movement of farmgate prices

Machine, tools and equipment

7. Labor cost (hired, unpaid operator, family and

exchange labormovement of agricultural wage rates

8. Fuel and oil - movement of CPI for fuel and oil

9. Transport cost of inputs - movement of CPI for transport

10. Irrigation fee - movement of farmgate prices

11. License/permit - movement of Fishpond Lease Agreement (FLA) rates

12. Interest payment on crop loans - increase of 10.0 percent per annum

13. Electricity - movement of CPI for light

14. Food expense - movement of CPI for food

15. Repairs - movement of CPI for minor repairs

16. Other expense (containers, etc) - movement of CPI for all items

17. Other laborer's share - movement of agricultural wage rates

18. Landlord's share - movement of farmgate prices

19. Harvester's share - movement of gross value of yield

20. Lease rental - movement of farmgate prices

21. Depreciation - increase of 10.0 percent per annum

22. Interest on operating capital - based on Average Lending Rates from BSP

23. Rental value of owned land - movement of farmgate prices

ASSUMPTIONS AND PROCEDURES USED IN UPDATING

THE COSTS OF PRODUCTION FOR MILKFISH

vii

ITEM BASIS/PROCEDURE

1. Cost of seeds/planting materials

(Cash, Non-cash and Imputed)

2. Irrigation fee

3. Lease rental movement of the farmgate price

4. Rental value of owned land

5. Landlord's share

6. Harvester/thresher/sheller's share - movement of the gross value of yield

7. Cost of fertilizer -quantity used from the survey results multiplied by the

current retail price of fertilizer by grade

8. Cost of pesticides

Solid - movement of the retail price for selected pesticides

Liquid -quantity used from the survey results multiplied by the

current retail price of pesticides

9. Soil ameliorants - movement of the retail price of fertilizer

10. Cost of mulching materials - movement of the retail price of fertilizer

11. Labor costs (hired, unpaid operator, family and

exchange labor-

number of mandays from the survey results multiplied by

the current agricultural wage rates

12. Rentals (tools, equipment, machine and animals) - movement of agricultural wage rates

13. Food cost - movement of CPI for food

14. Transport cost - movement of CPI for transport

15. Fuel and oil - movement of CPI for fuel and oil

16. Repair cost - movement of CPI for minor repairs

17. Electricity cost - movement of CPI for light

18. Interest on crop loans - increase of 10.0 percent per annum

19. Other production costs - movement of CPI for all items

20. Depreciation cost - increase of 10.0 percent per annum

21. Interest on operating capital - based on Average Lending Rates from BSP

22. Land tax - increase of 1.0 percent per annum

ASSUMPTIONS AND PROCEDURES USED IN UPDATING

THE COSTS OF PRODUCTION FOR OTHER CROPS

1

SUMMARY OF FINDINGS

FRUITS CALAMANSI

In 2015, production cost of calamansi averaged P59,630 per hectare. Average yield per hectare was 8,137 kilograms valued at P149,802.

Returns above cash costs amounted to P108,425 per hectare. Returns above cash and non-cash costs figured to P107,187 per hectare in 2015.

Calamansi production during the reference period netted P90,172 per hectare.

Cost per kilogram averaged P7.33 while farmgate price per kilogram settled at P18.41.

Calamansi producer earned P1.51 for every peso of investment during the reference year.

DURIAN

Durian production entailed an average cost of P84,721 per hectare in 2015. Yield per hectare of 5,257 kilograms generated gross receipts at P158,341.

Returns after deducting cash costs amounted to P135,167 per hectare. After both cash and non-cash costs were accounted for, returns averaged P89,496 per hectare. After subtracting all costs, net returns settled at P73,620 per hectare.

On a per kilogram basis, costs averaged P16.12 and the farmer’s selling price was P30.12 in 2015.

Net profit-cost ratio stood at 0.87 in 2015.

2

MANGO

The maintenance costs for mango production amounted to P73,572 per hectare. Average yield per hectare was 4,791 kilograms and corresponded to a gross value of P130,794 in 2015.

Returns above cash costs averaged P87,824 per hectare while returns above cash and non-cash costs figured to P82,944 per hectare.

After all costs were deducted, net profit was estimated at P57,223 per hectare.

Per kilogram, production cost amounted to P15.36 and farmer’s price at P27.30.

Producers earned P0.78 for every peso of investment in mango farming in 2015. PAPAYA

Producers spent P143,192 for the maintenance of a hectare of papaya production. Yield per hectare in 2015 at 22,284 kilograms was valued at P216,823.

After cash expenses were deducted, returns averaged P108,748 per hectare. Subtracting cash and non-cash costs, returns amounted to P108,497 per hectare during the reference year.

Net profit was estimated at P73,632 per hectare in 2015.

Cost of production per kilogram averaged P6.43. Meanwhile, farmgate price was P9.73 per kilogram.

The net profit-cost ratio for papaya production was 0.51.

3

PINEAPPLE

The cost of producing a hectare of pineapple averaged P67,318 in 2015. Yield per

hectare at 41,118 kilograms amounted to P333,467.

Returns after cash costs amounted to P272,266 per hectare. After all cash and

non-cash costs were deducted, returns reached P271,382 per hectare.

Net of all costs, profit averaged P266,149 per hectare during the reference year.

Per kilogram, production cost was P1.64 while farmgate price was P8.11.

Producers gained P3.95 for every peso invested in pineapple production.

WATERMELON

Production of watermelon incurred an average cost of P62,622 per hectare in 2015. At a yield of 20,122 kilograms per hectare, gross earnings amounted to P237,238 during the year in review.

Per hectare, returns above cash costs stood at P195,417 and returns over the combined cash and non-cash costs figured to P194,882.

Net returns settled at P174,616 in 2015.

The cost of producing per kilogram of watermelon was P3.11. Price received by farmers averaged P11.79 per kilogram.

For every peso invested in watermelon production, growers earned P2.79.

4

NUTS

CASHEW NUTS

The maintenance costs incurred for producing a hectare of cashew nuts averaged P6,519 in 2015. Gross earnings amounted to P21,282 with a yield of 718 kilograms per hectare.

Less of cash costs, cashew farmers generated average returns of P20,320 per hectare. Subtracting both the cash and non-cash costs, returns settled at P19,883 per hectare.

After all costs were deducted, cashew nut producers netted P14,763 per hectare during the same period.

Production cost per kilogram was P9.08. Producer’s price was P29.64 in 2015.

For every peso invested in cashew nut farming, farmers’ net gain was P2.26 in 2015

PILI NUTS

The cost of pili nut production averaged P35,589 per hectare. With an average yield per hectare of 3,218 kilograms in 2015, gross receipts amounted to P125,985.

Returns above cash costs amounted to P118,357 per hectare. Returns of P99,173 per hectare were realized when cash and non-cash costs were deducted.

After all costs were accounted for, net returns figured to P90,396 per hectare.

Per kilogram, production cost was P11.06 while selling price of farmers was P39.15 during the reference year.

Net profit of P2.54 was generated per peso invested in pili nut production in 2015.

5

ROOTCROPS CASSAVA

Production cost per hectare of cassava averaged P22,349 in 2015. Yield per hectare was 12,157 kilograms equivalent to gross receipts of P66,256.

Less of cash costs, returns amounted to P57,123 per hectare. After subtracting cash and non-cash costs, returns settled at P55,809 per hectare.

Net profit of P43,906 per hectare was generated after accounting for all costs.

Production cost per kilogram of cassava was P1.84. Farmer’s price was quoted at P5.45 per kilogram.

Net profit-cost ratio was 1.96 in 2015.

SWEET POTATO

Sweet potato farmers incurred an average production cost of P30,615 per hectare in 2015. Yield per hectare at 6,244 kilograms generated gross earnings of P90,538.

Returns above cash costs amounted to P76,592 per hectare. Returns above cash and non-cash costs averaged P72,927 per hectare in 2015.

Considering all costs, sweet potato producers netted P59,923 per hectare during the reference year.

On a per kilogram basis, production cost was P4.90 and farmgate price was P14.50.

For every peso of investment in sweet potato production, farmers earned P1.96 in 2015.

6

BULBS

ONION (RED)

The cost of producing red onion averaged P129,520 per hectare in 2015. With a yield of 13,253 kilograms per hectare, gross value of production amounted to P416,542.

Returns after cash costs were deducted amounted to P314,458 per hectare while returns above cash and non-cash costs figured to P306,700 per hectare.

Net returns settled at P287,022 in 2015.

The average production cost was P9.77 per kilogram and the farmers’ price of onion was P31.43 per kilogram.

For every peso of investment in onion production, farmers netted P2.22. ONION (MULTIPLIER)

For the multiplier type of onion, the average production cost was estimated at P96,314 in 2015. Yield per hectare at 9,385 kilograms generated gross earnings of P190,140.

After subtracting cash costs, returns amounted to P134,248 per hectare. Less of cash and non-cash costs, returns settled at P114,293 per hectare.

Accounting for all costs, net returns amounted to P93,826 per hectare in 2015.

On a per kilogram basis, production costs averaged P10.26 while the farmgate price was P20.26.

Farmers realized a net gain of P0.97 for every peso of investment in the production of this type of onion.

7

GARLIC

Garlic farmers incurred an average production cost of P108,040 per hectare in 2015. Gross receipts amounted to P309,380 from an average yield of 3,797 kilograms per hectare.

Net of cash costs, returns amounted to P260,846 per hectare. After subtracting cash and non-cash costs, returns settled at P240,250 per hectare in 2015.

Garlic production in 2015 netted an average of P201,340 per hectare.

The cost of producing garlic per kilogram was P28.45. Farmgate price per kilogram was P81.48.

Farmers realized a net gain of P1.86 for every peso of investment in garlic production.

VEGETABLES AMPALAYA

Ampalaya production in 2015 recorded an average cost of P155,452 per hectare. Yield per hectare at 8,362 kilograms corresponded to gross value of P256,881.

Returns above cash costs amounted to P177,853 per hectare while returns above cash and non-cash costs figured to P174,648 per hectare.

After all costs were deducted, ampalaya producers netted P101,429 per hectare.

Per kilogram, production cost stood at P18.59 while farmgate price settled at P30.72 in 2015.

The net profit-cost ratio for ampalaya production was computed at 0.65 in 2015.

8

CABBAGE

The cost of producing cabbage in the country averaged P126,855 per hectare in 2015. With a yield of 15,374 kilograms, gross earnings amounted to P309,786.

When cash costs were deducted from gross returns, farmers earned an average of P233,384 per hectare. Less of cash and non-cash costs, returns reached P233,251 per hectare.

After all costs were accounted for, net returns amounted to P182,931 per hectare in 2015.

Production cost per kilogram was estimated at P8.25 while farmgate price was P20.15 per kilogram during the reference year.

In 2015, producers earned P1.44 per peso of investment in cabbage production. CARROT

Carrot production incurred an average cost of P93,819 per hectare in 2015. Yield per hectare of 14,344 kilograms corresponded to gross receipts of P370,936.

Returns above cash costs averaged P312,074 per hectare while the returns above the combined cash and non-cash costs figured to P312,050 per hectare.

Carrot production netted an average of P277,117 per hectare in 2015.

On the average, cost of producing a kilogram of carrot was P6.54 in 2015. Farmer’s selling price was P25.86 per kilogram.

For every peso of investment in carrot production, farmers had a net gain of P2.95.

9

CAULIFLOWER

The cost of cauliflower production in 2015 averaged P108,997 per hectare. Yield per hectare was 10,997 kilograms equivalent to gross earnings of P371,039 during the period.

After cash costs were deducted, returns averaged P295,332 per hectare. After deducting cash and non-cash costs, returns reached P290,280 per hectare.

Net returns from cauliflower production averaged P262,042 per hectare in 2015.

Per kilogram, production cost averaged P9.91 while farmgate price was quoted at P33.74.

Net profit-cost ratio of 2.40 was realized in 2015. EGGPLANT

Eggplant farmers incurred an average cost of P126,847 per hectare in 2015. With an average yield of 11,084 kilograms per hectare, gross output value amounted to P196,741 during the reference year.

After subtracting cash costs, returns amounted to P113,122 per hectare. Less of cash and non-cash costs, returns averaged P109,603 per hectare.

After all costs were accounted for, eggplant farmers netted P69,894 per hectare.

On a per kilogram basis, production cost was estimated at P11.44 and farmgate price was P17.75 in 2015.

For every peso of investment in eggplant production, farmers earned P0.55.

10

HABITCHUELAS

The cost of producing a hectare of habitchuelas amounted to P81,513 in 2015. Gross earnings reached P107,062 from an average yield of 4,550 kilograms per hectare.

Returns above cash costs averaged P63,970 per hectare while returns above cash and non-cash costs figured to P62,259 per hectare.

Net returns settled at P25,548 per hectare in 2015.

On a per kilogram basis, the cost of habitchuelas production amounted to P17.92 while farmgate price stood at P23.53.

The net profit-cost ratio for habitchuelas production was 0.31.

WHITE POTATO

Production cost of white potato averaged P158,858 per hectare in 2015. Yield per hectare was 15,107 kilograms which corresponded to gross earnings of P320,722 during the reference year.

Less of cash costs, returns amounted to P218,461 per hectare. When both cash and non-cash costs were deducted, returns figured to P211,035.

Net profit from potato production was estimated at P161,864 per hectare in 2015.

The average production cost of potato was P10.52 per kilogram. Farmers sold potato at P21.23 per kilogram in 2015.

A peso invested in potato production generated net gain of P1.02.

11

STRINGBEANS

Production cost of stringbeans averaged P142,421 per hectare in 2015. Yield per hectare was 18,386 kilograms and grossed P453,399 during the year.

After deducting cash costs, returns amounted to P384,346 per hectare. Accounting for both cash and non-cash costs, returns settled at P380,874 per hectare.

Net gain averaged P310,978 per hectare.

Production cost per kilogram averaged P7.75. Farmgate price was P24.66 per kilogram.

Net profit-cost ratio stood at 2.18 in 2015. TOMATO

Tomato producers incurred an average production cost of P92,257 per hectare. Yield per hectare was 13,286 kilograms corresponding to gross earnings of P202,877 in 2015.

Subtracting cash costs, returns amounted to P132,448 per hectare. Net of cash and non-cash costs, returns averaged P129,088 per hectare during the reference period.

After all costs were deducted, net returns averaged P110,620 per hectare.

The cost of producing a kilogram of tomato was P6.94 while price received by farmers was P15.27 per kilogram.

A peso invested in tomato production generated net earnings of P1.20 in 2015.

12

LEGUMES

MONGO

The cost of producing mongo averaged P17,858 per hectare in 2015. At yield of 812 kilograms per hectare, mongo farmers grossed P46,162.

Returns after deducting cash costs amounted to P39,261 per hectare while returns less of cash and non-cash costs stood at P36,036.

Net of all costs, returns settled at P28,305 per hectare in 2015.

Production cost per kilogram for mongo was P21.99. Farmgate price was P56.85 per kilogram.

For every peso invested in mongo production, a net gain of P1.59 was realized in 2015.

PEANUT

Peanut production incurred an average cost of P32,383 per hectare in 2015. Yield per hectare at 1,643 kilograms generated gross earnings at P66,788 during the reference year.

Net of cash costs, returns amounted to P48,615 per hectare. After cash and non-cash costs were considered, returns reached P44,579 per hectare in 2015.

A net gain of P34,405 was generated after accounting for all costs.

Per kilogram, production cost averaged P19.71 while price received was P40.65 in 2015.

A farmer earned P1.06 for every peso invested in peanut production.

13

COMMERCIAL CROP

COFFEE

The maintenance cost in coffee production averaged P31,727 per hectare in 2015. Yield per hectare averaged 636 kilograms equivalent to gross receipts of P51,344.

Returns after cash costs were deducted amounted to P29,689 per hectare. Net of cash and non-cash costs, returns averaged P28,545 per hectare.

Net profit was estimated at P19,617 per hectare in 2015.

Production cost per kilogram averaged P49.89 while farmer’s price was quoted at P80.73 per kilogram.

Per peso of investment in coffee production, farmers netted P0.62 in 2015.

FISHERIES

MILKFISH

The cost of producing a hectare of milkfish in brackishwater fishpond amounted to P39,087 in 2015. Yield of 988 kilograms per hectare grossed P88,594.

After deducting cash costs, returns averaged P58,449 per hectare. Returns above cash and non-cash costs amounted to P57,756 per hectare in 2015.

Milkfish producers netted P49,507 per hectare in 2015.

Per kilogram, production cost was P39.56 while farmgate price was P89.67.

For every peso invested in milkfish production, growers earned P1.27 in 2015.

14

TILAPIA

In 2015, tilapia production incurred an average cost of P262,704 per hectare. Yield per hectare of 5,613 kilograms generated gross earnings of P416,653 during the year.

When cash costs were deducted, returns amounted to P188,497 per hectare. Returns above cash and non-cash costs were P186,187 per hectare.

Net returns after deducting all costs amounted to P153,949 per hectare in 2015.

Per kilogram, cost was estimated at P46.80 and farmgate price was P74.23.

For every peso of investment in tilapia production, net gain was P0.59 in 2015.

15

TABLES

AND

FIGURES

16

TABLE 1. SUMMARY OF COSTS OF PRODUCTION, SELECTED AGRICULTURAL COMMODITIES, PHILIPPINES, 2015

Commodity Gross Total Net Net Profit- Return on Yield per Farmgate Cost per

Returns Costs Returns Cost Ratio Investments Hectare Price Kilogram

(in percent)

FRUITS

Calamansi 149,802 59,630 90,172 1.51 151 8,137 18.41 7.33

Durian 158,341 84,721 73,620 0.87 87 5,257 30.12 16.12

Mango 130,794 73,572 57,223 0.78 78 4,791 27.30 15.36

Papaya 216,823 143,236 73,587 0.51 51 22,284 9.73 6.43

Pineapple 244,062 67,058 177,004 2.64 264 38,435 6.35 1.74

Watermelon 237,238 62,635 174,603 2.79 279 20,122 11.79 3.11

NUTS

Cashew 21,282 6,519 14,763 2.26 226 718 29.64 9.08

Pili 125,985 35,589 90,396 2.54 254 3,218 39.15 11.06

ROOT CROPS

Cassava 66,256 22,349 43,906 1.96 196 12,157 5.45 1.84

Sweet Potato 90,538 30,615 59,923 1.96 196 6,244 14.50 4.90

BULBS

Onion (Red Creole) 416,542 129,520 287,022 2.22 222 13,253 31.43 9.77

Onion (Multiplier) 190,140 96,314 93,826 0.97 97 9,385 20.26 10.26

Garlic 309,380 108,040 201,340 1.86 186 3,797 81.48 28.45

VEGETABLES

Ampalaya 256,881 155,452 101,429 0.65 65 8,362 30.72 18.59

Cabbage 309,786 126,855 182,931 1.44 144 15,374 20.15 8.25

Carrot 370,936 93,819 277,117 2.95 295 14,344 25.86 6.54

Cauliflower 371,039 108,997 262,042 2.40 240 10,997 33.74 9.91

Eggplant 196,741 126,847 69,894 0.55 55 11,084 17.75 11.44

Habitchuelas 107,062 81,513 25,548 0.31 31 4,550 23.53 17.92

White potato 320,722 158,858 161,864 1.02 102 15,107 21.23 10.52

Stringbeans 453,399 142,421 310,978 2.18 218 18,386 24.66 7.75

Tomato 202,877 92,257 110,620 1.20 120 13,286 15.27 6.94

LEGUMES

Mongo 46,162 17,858 28,305 1.59 159 812 56.85 21.99

Peanut 66,788 32,383 34,405 1.06 106 1,643 40.65 19.71

COMMERCIAL CROP

Coffee 51,344 31,727 19,617 0.62 62 636 80.73 49.89

FISHERIES

Milkfish 88,594 39,087 49,507 1.27 127 988 89.67 39.56

Tilapia 416,653 262,704 153,949 0.59 59 5,613 74.23 46.80

(in pesos/hectare) (kg/ha)

17

FRUITS

18

0

50

100

150

200

250

300

350

400

188

49

77

51

381

232

152

8778

51

395

279

(in percent)

Figure 1. Returns on Investment (ROI) of Selected Fruits, Philippines

2014

2015

19

TABLE 2. CALAMANSI: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM 2013 2014R 2015P

CASH COST 39,820 40,859 41,377

Fertilizer 6,046 5,467 5,223

Pesticides 920 921 915

Hired labor 27,822 29,227 29,975

Wages for overseer 593 623 639

Land tax 426 430 434

Rentals 105 120 111

Fuel and oil 622 636 580

Transport of inputs 574 579 579

Interest on crop loan 41 45 50

Food expense 1,204 1,289 1,323

Repairs 1,455 1,507 1,535

Irrigation fee 12 15 13

NON-CASH COST 1,185 1,358 1,238

Hired labor paid in kind 84 86 88

Wages for overseer (paid in kind) 313 321 329

Landlord's share 102 124 106

Harvester's share 386 463 403

Lease rental 300 364 312

IMPUTED COST 15,868 17,590 17,015

Operator and family labor 5,759 6,050 6,204

Exchange labor 12 12 13

Depreciation 2,207 2,428 2,671

Interest on operating capital 2,038 2,004 2,051

Rental value of owned land 5,852 7,096 6,076

TOTAL COSTS 56,873 59,807 59,630

GROSS RETURNS 143,578 172,237 149,802

RETURNS ABOVE CASH COSTS 103,758 131,378 108,425

RETURNS ABOVE CASH & NON-CASH COSTS 102,573 130,020 107,187

NET RETURNS 86,705 112,430 90,172

NET PROFIT- COST RATIO 1.52 1.88 1.51

Cost per kilogram (peso/kg) 7.02 7.47 7.33

Yield/hectare (kg/ha) 8,098 8,011 8,137

Farmgate price (peso/kg) 17.73 21.50 18.41

* - Refers to maintenance costs only

R - Revised estimates

P - Preliminary estimates

(in pesos per hectare)

20

TABLE 3. DURIAN: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013-2015

ITEM 2013 2014R 2015P

CASH COST 23,626 23,206 23,174

Fertilizer 13,229 12,487 12,150


Other material inputs 16 15 15

Hired labor 5,181 5,442 5,582

Land tax 1,136 1,147 1,158

Land rental 449 446 565

Transportation of inputs 1,190 1,201 1,201


Food expense 590 631 647

Repairs 1,230 1,274 1,297

NON-CASH COST 40,881 40,248 45,671

Hired labor (paid in kind) 26,150 27,471 28,174


Harvester's share 14,441 12,489 17,132

IMPUTED COST 13,769 14,152 15,876

Operator/family labor 5,111 5,369 5,506





TOTAL COSTS 78,276 77,606 84,721

GROSS RETURNS 133,473 115,427 158,341


RETURNS ABOVE CASH AND NON-CASH COSTS 68,966 51,973 89,496

NET RETURNS 55,197 37,821 73,620

NET PROFIT-COST RATIO 0.71 0.49 0.87


Yield per hectare (kg/ha) 5,573 4,856 5,257


*- Refers to maintenance costs only




21

TABLE 4. MANGO: UPDATED COSTS OF PRODUCTION, PHILIPPINES, 2012-2015 *

ITEM 2013R 2014R 2015P


CASH COST 43,320 43,041 42,970

Fertilizer 15,705 14,981 14,606

Pesticides 7,823 7,269 7,220

Hired labor 11,009 11,565 11,861

Land tax 807 815 823

Rentals 1,819 1,922 1,957

Water/electric bills 304 307 280

Fuel and oil 1,867 1,923 1,753

Interest on crop loan 1,371 1,508 1,659

Food expense 1,227 1,313 1,347

Repairs 1,388 1,438 1,464

NON-CASH COST 4,484 4,815 4,880


Rentals (machine and vehicle) 129 136 139

Landlord's share 3,023 3,215 3,239

Harvesters' share 640 737 756

IMPUTED COST 22,540 24,127 25,722


Depreciation 12,918 14,210 15,631



TOTAL COSTS 70,344 71,983 73,572

GROSS RETURNS 110,685 127,506 130,794



NET RETURNS 40,341 55,523 57,223








22

TABLE 5. PAPAYA: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013-2015

ITEM 2013 2014R 2015P

CASH COST 108,089 107,871 108,075

Fertilizer 34,287 31,197 30,439

Pesticides 4,476 4,480 4,450


Hired labor 34,698 35,409 36,315

Land tax 306 309 312

Rentals 4,024 4,659 4,679

Fuel and oil 10,583 10,900 9,939

Transport cost of inputs 5,655 5,709 5,707



Food expenses 1,769 1,893 1,942

Repairs 1,347 1,395 1,421



Electric bill 543 555 506

Other costs 1,276 1,328 1,347

NON-CASH COST 211 249 251




IMPUTED COST 31,024 32,899 34,866


Depreciation 15,344 16,878 18,566



TOTAL COSTS 139,324 141,019 143,192

GROSS RETURNS 159,050 212,797 216,823



NET RETURNS 19,726 71,778 73,632



Yield per hectare(kg/ha) 19,807 21,803 22,284






23

TABLE 6. PINEAPPLE: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM 2013R 2014R 2015P

CASH COST 58,789 60,516 61,201

Seeds/planting materials 17,861 19,829 20,460

Fertilizer 16,705 15,323 14,780

Pesticides 1,615 1,617 1,606

Other material inputs 1,101 1,010 975

Hired labor 12,032 12,640 12,964

Land tax 318 321 324

Rentals 2,936 3,254 3,357





Food expenses 463 496 509

Repairs 2,203 2,282 2,324


Hired labor (paid in kind) 5 5 5




IMPUTED COST 4,970 5,101 5,233

Operator and family labor 186 172 87




Rental value of owned land 485 538 555

TOTAL COSTS 64,531 66,474 67,318

GROSS RETURNS 286,485 319,682 333,467



NET RETURNS 221,954 253,208 266,149








24

TABLE 7. WATERMELON: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013-2015

ITEM 2013 2014R 2015P

CASH COST 40,920 41,545 41,821

Seeds/planting materials 645 667 721

Fertilizer 14,025 13,443 13,122

Pesticides 3,362 3,365 3,343


Hired labor 16,975 17,833 18,289

Land tax 289 292 295

Rentals 1,794 1,872 1,965

Fuel and oil 996 1,026 936

Transport cost of inputs 327 328 328



Food expenses 1,209 1,350 1,385

Repairs 730 756 770


Seeds 62 64 69





IMPUTED COST 18,689 19,559 20,266





Rental value of owned land 910 941 1,018

TOTAL COSTS 60,090 61,602 62,622

GROSS RETURNS 197,899 204,222 237,238



NET RETURNS 137,809 142,620 174,616








25

NUTS

26

0

50

100

150

200

250

300

Cashew Nuts Pili Nuts

175

249

226

254

(in percent)

Figure 2. Returns on Investment (ROI) of Selected Nuts, Philippines

2014

2015

27

TABLE 8. CASHEW NUTS: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM 2013 2014R 2015P

CASH COST 903 943 962

Fertilizer 2 2 2

Hired labor 395 415 426

Land tax 233 235 237


Repairs 174 180 183





IMPUTED COST 4,787 4,983 5,120


Depreciation 254 279 307

Interest on operating capital 23 23 24


TOTAL COSTS 6,073 6,335 6,519

GROSS RETURNS 14,839 17,414 21,282



NET RETURNS 8,767 11,079 14,763



Yield per hectare (kg/ha) 511 597 718





(in pesos/hectare)

28

TABLE 9. PILI NUTS: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM 2013 2014R 2015P

CASH COST 7,093 7,443 7,628

Hired labor 5,318 5,587 5,730

Land tax 543 548 553




Repairs 461 478 487

NON-CASH COST 17,674 17,993 19,184

Hired labor in kind 130 137 141



IMPUTED COST 7,765 8,389 8,777





TOTAL COSTS 32,532 33,825 35,589

GROSS RETURNS 117,628 118,058 125,985



NET RETURNS 85,096 84,233 90,396





* - Refers to maintenance cost only



(in pesos/hectare)

29

ROOT CROPS

30

0

50

100

150

200

250

Cassava Sweet Potato

245

171

196 196

(in percent)

Figure 3. Returns on Investment (ROI) of Selected Root Crops, Philippines

2014

2015

31

TABLE 10. CASSAVA: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM 2013 2014R 2015P

CASH COST 8,713 8,956 9,133


Fertilizer 2,305 2,240 2,213

Hired labor 3,904 4,101 4,206

Land tax 27 27 27

Rentals 550 536 515




Repairs 229 237 241

NON-CASH COST 1,799 1,554 1,314

Seeds/planting materials 1,263 1,079 902





IMPUTED COST 11,173 11,643 11,902






TOTAL COSTS 21,685 22,153 22,349

GROSS RETURNS 82,976 76,401 66,256



NET RETURNS 61,291 54,248 43,906



Average yield per hectare (kg/ha) 10,875 11,718 12,157




(in pesos/hectare)

32

TABLE 11. SWEET POTATO: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM 2013 2014R 2015P

CASH COST 13,039 13,656 13,946


Fertilizers 2,467 2,322 2,256


Hired labor 4,915 5,163 5,295

Land tax 150 152 154

Rentals 1,670 1,864 1,964





Repairs 237 245 250

NON-CASH COST 3,004 3,428 3,665





IMPUTED COST 11,770 12,501 13,004






TOTAL COSTS 27,813 29,585 30,615

GROSS RETURNS 65,143 80,166 90,538



NET RETURNS 37,330 50,581 59,923







(in pesos/hectare)

33

BULBS

34

0

50

100

150

200

250

300

Onion (Red) Onion (Multiplier) Garlic

298

103

281

222

97

186

(in percent)

Figure 4. Returns on Investment (ROI) of Selected Bulbs, Philippines

2014

2015

35

Table 12.1. ONION (RED): UPDATED AVERAGE COSTS PRODUCTION, PHILIPPINES, 2013-2015

ITEM 2013 2014R 2015P

CASH COSTS 103,604 104,735 102,084

Planting materials 14,418 14,033 12,204

Fertilizers 19,048 18,143 17,647

Mulching materials 9 9 9

Pesticides 9,600 9,605 9,541

Hired labor 32,429 34,067 34,939

Caretaker/overseer's/employee's salary 1,626 1,708 1,752

Land tax 421 425 429

Rentals 1,118 1,137 1,093

Fuel and Oil 7,366 7,587 6,918


Interest payment on crop loan 3,034 3,337 3,671

Landowner's share 6,656 6,478 5,634


Storage cost 802 781 679

Electricity 69 71 65

Food expense 2,876 3,078 3,158

Repairs 2,456 2,544 2,591

Other costs 937 975 989

NON-CASH COSTS 8,382 9,532 7,758

Fertilizers 62 59 57



Harvesters' share 5,838 7,042 5,492

Caretaker/overseer's wages 256 269 276

Rentals 1,430 1,392 1,211

Landowner's share 288 280 244


IMPUTED COSTS 19,520 19,757 19,678

Seeds 195 190 165


Mulching material 21 20 19

Pesticides 1 1 1

Operator labor 6,404 6,727 6,899

Family labor 2,993 3,144 3,224






TOTAL COSTS 131,506 134,024 129,520

GROSS RETURNS 442,747 534,077 416,542



NET RETURNS 311,240 400,053 287,022







(in pesos/hectare)

36

Table 12.2. ONION (MULTIPLIER): UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013-2015

ITEM 2013 2014R 2015P

CASH COSTS 58,597 57,033 55,892


Fertilizers 13,292 12,538 12,136


Pesticides 5,125 5,128 5,094

Hired labor 18,493 19,427 19,924

Other permanent employee's salary 287 301 309

Land tax 91 92 93

Rentals 564 427 379

Fuel and Oil 5,390 5,552 5,062


Interest payment on crop loan 1,113 1,224 1,346



Electricity 1,297 1,326 1,209

Food expense 2,641 2,827 2,901

Repairs 2,160 2,237 2,278


NON-CASH COSTS 33,008 23,443 19,955


Fertilizer 15 14 14

Mulching materials 3,652 3,445 3,334

Rentals 299 314 322


IMPUTED COSTS 20,610 20,312 20,467

Planting materials 80 54 45


Mulching material 166 157 152


Family labor 4,564 4,794 4,917







TOTAL COSTS 112,215 100,788 96,314

GROSS RETURNS 304,659 205,034 190,140



NET RETURNS 192,444 104,246 93,826







(in pesos/hectare)

37

Table 13. GARLIC: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM 2013 2014R 2015P

CASH COSTS 46,861 53,836 48,534

Planting materials (cloves) 4,413 9,555 5,108

Fertilizers 9,617 9,168 8,912


Pesticides 4,128 4,130 4,102

Hired labor 16,066 16,877 17,309


Land tax 323 326 329

Rentals 262 371 289

Fuel and Oil 4,498 4,633 4,224


Interest payment on crop loan 762 838 922

Landowner's share 684 1,473 849



Food expense 2,400 2,569 2,636

Repairs 2,615 2,709 2,759


NON-CASH COSTS 18,445 35,691 20,596



Mulching materials 3,128 2,982 2,899

Pesticides 5 5 5




Rentals 440 909 506




IMPUTED COSTS 35,306 51,274 38,910




Pesticides 7 7 7

Operator labor 10,715 11,256 11,544

Family labor 7,207 7,571 7,765








TOTAL COSTS 100,612 140,801 108,040

GROSS RETURNS 249,146 536,518 309,380



NET RETURNS 148,534 395,718 201,340






P-Preliminary estimates

(in pesos/hectare)

38

VEGETABLES

39

0

50

100

150

200

250

300

42

100

293

183

57

20

147

195

82

65

144

295

240

55

31

102

218

120

(in percent)

Figure 5. Returns on Investmens (ROI) of Selected Vegetables, Philippines

2014

2015

40

TABLE 14. AMPALAYA: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM 2013 2014R 2015P

CASH COST 77,388 77,263 79,028


Fertilizers 19,836 18,699 18,151

Pesticides 12,844 12,856 12,770

Hired labor 19,535 20,522 21,047

Land tax 239 241 243

Rentals 3,055 2,966 3,379

Fuel and oil 3,566 3,673 3,349

Transport of inputs 1,839 1,856 1,855



Food expense 1,652 1,768 1,814

Repairs 3,089 3,200 3,259

Other costs 2,697 2,808 2,847

NON-CASH COST 2,899 2,794 3,205







IMPUTED COST 66,249 69,683 73,219


Exchange labor 2,457 2,581 2,647

Depreciation 14,904 16,394 18,033



TOTAL COSTS 146,536 149,740 155,452

GROSS RETURNS 226,923 212,925 256,881

RETURNS ABOVE CASH COST 149,535 135,662 177,853


NET RETURNS 80,387 63,185 101,429







(in pesos/hectare)

41

TABLE 15. CABBAGE: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM 2013 2014R 2015P

CASH COST 73,758 74,415 76,402


Fertilizers 26,748 25,833 25,342

Pesticides 5,736 5,329 5,294

Hired labor 19,033 19,994 20,507

Land tax 232 234 236

Rentals 2,581 2,711 2,780


Food expense 2,867 3,069 3,149

Repairs 5,955 6,168 6,281

Other costs 1,099 1,144 1,160




IMPUTED COST 42,015 44,403 50,320





TOTAL COSTS 115,883 118,934 126,855

GROSS RETURNS 217,800 238,269 309,786



NET RETURNS 101,917 119,335 182,931







(in pesos/hectare)

42

TABLE 16. CARROT: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM 2013 2014R 2015P

CASH COST 56,663 58,103 58,862


Fertilizers 18,480 17,893 17,596

Pesticides 3,173 2,948 2,928

Hired labor 16,341 17,167 17,606

Land tax 92 93 94

Rentals 4,016 4,218 4,326



Food expense 1,610 1,723 1,768

Repairs 5,801 6,009 6,119



IMPUTED COST 31,279 33,870 34,933





TOTAL COSTS 87,962 91,996 93,819

GROSS RETURNS 285,305 361,534 370,936



NET RETURNS 197,343 269,538 277,117




Famgate price (peso/kg) 20.19 25.18 25.86



(in pesos/hectare)

43

TABLE 17. CAULIFLOWER: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM 2013 2014R 2015P

( in pesos/hectare)

CASH COST 72,006 72,966 75,707


Fertilizers 22,882 21,909 21,547

Pesticides 5,919 5,924 5,883

Hired labor 12,487 13,117 13,453

Land tax 1,002 1,012 1,022

Rentals 10,300 10,820 11,097



Repairs 1,438 1,489 1,516

NON-CASH COST 3,881 4,110 5,052


IMPUTED COST 25,622 26,764 28,238





TOTAL COSTS 101,509 103,840 108,997

GROSS RETURNS 276,359 294,182 371,039



NET RETURNS 174,850 190,342 262,042





R- Revised estimates.


44

TABLE 18. EGGPLANT: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM 2013 2014R 2015P

(in pesos/hectare)

CASH COST 82,560 83,576 83,619


Fertilizer 24,493 23,101 22,434

Pesticides 11,639 10,814 10,741


Hired labor 18,108 19,022 19,509

Land tax 87 88 89

Rentals 3,657 4,074 3,945

Fuel and oil 3,878 3,966 3,616




Food expenses 5,238 5,606 5,752

Repairs 2,357 2,441 2,486


NON-CASH COST 3,171 3,617 3,519




Harvesters' share 1,258 1,462 1,454


IMPUTED COST 36,672 38,544 39,709


Exchange labor 2,019 2,121 2,175




TOTAL COSTS 122,403 125,737 126,847

GROSS RETURNS 170,220 197,867 196,741



NET RETURNS 47,817 72,130 69,894






P- Preliminary estimates

45

TABLE 19. HABITCHUELAS: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM 2013 2014R 2015P

CASH COST 43,403 42,957 43,092


Fertilizers 21,668 20,893 20,443

Pesticides 4,254 3,953 3,927

Hired labor 7,602 7,986 8,191

Land tax 204 206 208

Rentals 2,241 2,354 2,414


Repairs 2,422 2,509 2,555

NON-CASH COST 1,535 1,547 1,711


IMPUTED COST 33,883 35,285 36,710





TOTAL COSTS 78,821 79,789 81,513

GROSS RETURNS 92,926 95,883 107,062



NET RETURNS 14,105 16,094 25,548







( in pesos/hectare)

46

TABLE 20. WHITE POTATO: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM 2013 2014R 2015P

CASH COST 108,520 106,181 102,261


Fertilizers 43,692 42,285 41,544

Pesticides 6,930 6,438 6,396

Hired labor 21,245 22,318 22,889

Land tax 612 618 624

Rentals 953 1,001 1,027


Food expense 2,796 2,993 3,071

Repairs 6,456 6,687 6,810

NON-CASH COST 10,760 9,616 7,426


IMPUTED COST 53,868 52,731 49,171





TOTAL COSTS 173,148 168,528 158,858

GROSS RETURNS 458,939 416,281 320,722



NET RETURNS 285,791 247,753 161,864







( in pesos/hectare)

47

TABLE 21. STRINGBEANS: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM 2013R 2014R 2015P

CASH COSTS 68,481 68,469 69,053

Seeds 3,973 4,176 4,624

Fertilizer 12,343 11,768 11,481

Pesticides 17,174 15,957 15,850

Other Material Inputs 384 366 357

Hired labor 11,867 12,466 12,785

Land tax 486 491 496

Rentals 3,893 4,091 4,448

Fuel and oil 5,826 6,001 5,472




Food expenses 1,550 1,659 1,702

Repairs 990 1,025 1,044


Other costs 5,793 6,031 6,115

NON-CASH COSTS 2,991 3,142 3,472

Seeds 2,812 2,955 3,272

Hired labor (in kind) 85 89 91



Lease Rental 42 44 49

IMPUTED COSTS 63,635 66,981 69,896



Depreciation 8,577 9,435 10,379



TOTAL COSTS 135,107 138,592 142,421

GROSS RETURNS 400,639 408,788 453,399



NET RETURNS 265,532 270,196 310,978






P-Preliminary estimates

(in pesos/hectare)

48

TABLE 22. TOMATO: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM 2013 2014R 2015P

CASH COST 69,876 70,008 70,429

Seeds/planting materials 1,118 954 1,137

Fertilizer 23,955 22,814 22,154

Pesticides 8,946 8,950 8,890

Hired labor 22,694 23,841 24,451

Land tax 166 168 170

Rentals 1,943 1,740 2,000

Fuel and oil 1,718 1,770 1,614




Food expenses 2,437 2,608 2,676

Repairs 5,031 5,211 5,307


NON-CASH COST 3,283 2,841 3,360


Hired labor ( paid in kind) 177 186 191

Landlord's share 1,076 918 1,094


Lease rental 1,342 1,145 1,365

IMPUTED COST 17,055 17,582 18,468





Rental value of owned land 1,139 971 1,157

TOTAL COSTS 90,214 90,431 92,257

GROSS RETURNS 181,021 164,176 202,877



NET RETURNS 90,807 73,745 110,620







(in pesos/hectare)

49

LEGUMES

50

0

20

40

60

80

100

120

140

160

Mongo Peanut

137

105

158

106

(in percent)

Figure 6. Returns on Investment (ROI) of Selected Legumes, Philippines

2014

2015

51

TABLE 23. MONGO: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM 2013 2014R 2015P

CASH COST 6,502 6,765 6,932




Hired labor 2,257 2,371 2,432

Land tax 142 143 144

Rentals 509 535 549






Repairs 970 1,005 1,023

NON-CASH COST 2,695 2,945 3,225






IMPUTED COST 6,834 7,320 7,733






TOTAL COSTS 16,031 17,030 17,890

GROSS RETURNS 36,850 40,399 46,162



NET RETURNS 20,819 23,370 28,272





R- Revised estimates


(in pesos/hectare)

52

TABLE 24. PEANUT: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM 2013 2014R 2015P

CASH COST 16,849 17,621 18,173



Pesticides 36 36 36

Hired labor 10,619 11,155 11,441

Land tax 225 227 229

Rentals 564 590 629






Repairs 1,129 1,169 1,191

NON-CASH COST 3,562 3,730 4,036





IMPUTED COST 9,129 9,642 10,174






TOTAL COSTS 29,540 30,993 32,383

GROSS RETURNS 59,230 63,614 66,788



NET RETURNS 29,690 32,621 34,405



Yield per hectare (kg/ha)* 1,654 1,705 1,643


R - Revised estimates.


* Average of top two (2) producing provinces.

(in pesos/hectare)

53

COMMERCIAL CROP

54

48

50

52

54

56

58

60

62

Coffee

53

62

(in percent)

Figure 7. Returns on Investment (ROI) of Selected Commercial Crop, Philippines

2014

2015

55

TABLE 25. COFFEE: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015*

ITEM 2,013 2014R 2015P

CASH COST 21,027 21,419 21,655

Fertilizer 5,542 5,158 4,970


Hired labor 12,177 12,792 13,119

Land tax 644 650 657

Rentals 47 49 52





Repairs 599 620 631

NON-CASH COST 1,059 1,071 1,144





IMPUTED COST 8,241 8,572 8,928






ALL COSTS 30,327 31,062 31,727

GROSS RETURNS 48,290 47,649 51,344



NET RETURNS 17,963 16,588 19,617








(in pesos/hectare)

56

FISHERIES

57

0

20

40

60

80

100

120

140

Milkfish Tilapia

129

71

127

59

(in percent)

Figure 8. Returns on Investment (ROI) of Selected Fisheries, Philippines

2014

2015

58

Table 26. MILKFISH (BRACKISH FISHPOND): UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM2013 2014R 2015P

CASH COSTS 28,349 29,381 30,145

Stocking materials 10,717 11,345 12,012

Feeds 4,039 4,204 4,263

Fertilizers 2,603 2,465 2,373

Pesticides and other chemicals 421 447 444

Hired Labor 3,329 3,497 3,587

Salaries of permanent employees 2,358 2,477 2,540

Land tax 397 401 405

Rentals 3,239 3,253 3,261



License/permit 6 6 6


Interest payment on loan 50 55 61


Repairs 248 257 262


NON-CASH COSTS 645 682 693


Caretakers' share 141 147 149

Other laborers' share 71 73 73

Administrator's share 45 47 48

Lease rental 6 6 6

Rice allowance of overseer 142 159 163

IMPUTED COSTS 7,787 8,069 8,249

Operator labor 155 163 167

Family labor 108 113 116




Rental value of owned fishpond 4,884 5,021 4,994

TOTAL COSTS 36,781 38,132 39,087

GROSS RETURNS 83,919 87,265 88,594



NET RETURNS 47,138 49,133 49,507







(in pesos/hectare)

59

TABLE 27. TILAPIA: UPDATED AVERAGE COSTS OF PRODUCTION, PHILIPPINES, 2013 - 2015

ITEM 2013 2014R 2015P

CASH COSTS 213,622 223,234 228,156

Stocking materials 34,538 37,194 40,173

Feeds 145,079 151,027 153,141

Fertilizers 1,708 1,586 1,529

Pesticides 2,099 2,099 2,084

Hired Labor 6,772 7,114 7,296

Salaries of permanent employees 961 1,010 1,036

Wage of stay-in laborer 5,618 5,902 6,053

Land tax 174 176 178

Rentals 4,541 4,547 4,549

Fuel and oil 6,498 6,693 6,103


License/permit 7 7 7


Interest payment on loan 411 452 497

Food expense 1,379 1,476 1,515

Repairs 2,887 2,990 3,045


NON-CASH COSTS 2,221 2,318 2,310

Stocking materials 302 325 351

Feeds 88 92 93


Hired Labor (in kind) 225 236 242


Caretaker's share 35 37 37

Wage of stay-in laborer 468 490 486

Other laborers' share 416 436 433



IMPUTED COSTS 30,156 31,345 32,238

Stocking materials 319 344 372

Feeds 139 145 147

Fertilizers 1 1 1


Family labor 633 665 682




Rental value of owned aquafarm 11,322 11,853 11,758

TOTAL COSTS 245,999 256,897 262,704

GROSS RETURNS 431,356 440,358 416,653



NET RETURNS 185,357 183,461 153,949







(in pesos/hectare)

UPDATED COSTS OF PRODUCTION OF SELECTED AGRICULTURAL

COMMODITIES 2013-2015

PHILIPPINE STATISTICS AUTHORITY

LISA GRACE S. BERSALES Ph. D.

National Statistician and Civil Registrar General

ROMEO S. RECIDE

Deputy National Statistician

Sectoral Statistics Office

VIVIAN R. ILARINA

Assistant National Statistician

Macroeconomic Accounts Service

AGRICULTURAL ACCOUNTS DIVISION

MARIA CAROL G. DURAN

Officer-in-Charge

CYNTHIA P. DONATO

Supervising Statistical Specialist

MANUELA S. NALUGON

Senior Statistical Specialist

JOSEPH C. EVANGELISTA

Technical Staff

JOYNABEL S. PARAGUISON

Technical Staff

updated - philippine statistics authority | republic of the … crs of... · · 2016-08-05pili...

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