Philippines’ November Grain Prices: Summary

Following is a summary of the Philippines’ November average grain prices from the Bureau of Agricultural Statistics in Manila.

==============================================================================
                      Nov.   Oct.  Sept.   Aug.   July   June    May      Year
                      2011   2011   2011   2011   2011   2011   2011       Ago
==============================================================================
                     -------------------------- YoY% -------------------------
Palay Dry         
 Farm Gate Price      9.7%   4.7%   3.1%   2.0%   2.9%   1.4%   3.2%       n/a
Well Milled Rice  
 Wholesale Price      4.1%   3.2%   2.4%   1.7%   1.5%   1.7%   2.3%       n/a
 Retail Price         2.3%   1.8%   1.2%   1.2%   0.9%   1.0%   1.1%       n/a
Regular Milled Rice
 Wholesale Price      5.6%   4.6%   3.5%  10.2%   2.2%   2.7%   3.1%       n/a
 Retail Price         2.8%   2.5%   2.0%   1.8%   1.5%   1.3%   1.5%       n/a
Yellow Corngrain  
 Farm Gate Price     12.6%   9.5%   2.4%  -0.6%   0.1%   1.3%   5.8%       n/a
==============================================================================
                      Nov.   Oct.  Sept.   Aug.   July   June    May      Year
                      2011   2011   2011   2011   2011   2011   2011       Ago
==============================================================================
                     -------------------------- YoY% -------------------------
 Wholesale Price     11.8%   6.8%   1.7%  -1.7%  -1.6%   1.5%   1.4%       n/a
 Retail Price        12.3%   6.4%   5.0%   2.8%  -0.7%  -3.8%  -4.3%       n/a
White Corngrain   
 Farm Gate Price     35.4%  38.8%  31.5%  26.3%  22.5%  15.4%  15.8%       n/a
 Wholesale Price     20.8%  23.2%  17.3%  11.5%  15.3%  13.3%  20.2%       n/a
 Retail Price         9.1%   9.3%  11.6%   8.7%   8.1%  -5.7% -10.0%       n/a
                     -------------------------- MoM% -------------------------
Palay Dry         
 Farm Gate Price      1.9%  -3.2%  -1.4%  -0.3%   2.0%  -0.8%   1.7%       n/a
Well Milled Rice  
 Wholesale Price      0.2%  -0.3%  -0.1%   0.2%   0.1%   0.2%   0.4%       n/a
 Retail Price         0.2%  -0.2%  -0.3%   0.3%   0.1%   0.1%   0.4%       n/a
Regular Milled Rice
 Wholesale Price      0.6%  -0.4%  -0.1%   0.4%   0.0%   0.1%   0.5%       n/a
 Retail Price         0.1%  -0.2%  -0.1%   0.4%   0.1%   0.0%   0.3%       n/a

==============================================================================
                      Nov.   Oct.  Sept.   Aug.   July   June    May      Year
                      2011   2011   2011   2011   2011   2011   2011       Ago
==============================================================================
                     -------------------------- MoM% -------------------------
Yellow Corngrain  
 Farm Gate Price      8.9%   8.5%  -1.5%  -3.8%  -2.0%  -0.9%  -0.7%       n/a
 Wholesale Price      4.7%   5.1%   1.2%  -0.5%  -0.5%   0.7%  -1.0%       n/a
 Retail Price         4.4%   1.7%   0.4%   0.4%   1.9%   0.3%   0.2%       n/a
White Corngrain   
 Farm Gate Price      6.7%   4.9%  -2.0% -10.0%   1.5%  -1.0%   1.5%       n/a
 Wholesale Price      2.2%   3.2%  -0.7%  -4.4%   4.1%  -2.0%   1.9%       n/a
 Retail Price        -0.3%  -1.4%   0.0%   3.3%   3.9%   1.8%  -1.6%       n/a
                     ----------------- Avg. Price/Kg. in PHP -----------------
Palay Dry         
 Farm Gate Price     15.54  15.25  15.75  15.99  16.04  15.72  15.84     14.17
Well Milled Rice  
 Wholesale Price     32.15  32.08  32.17  32.22  32.18  32.15  32.10     30.88
 Retail Price        34.89  34.81  34.87  34.88  34.78  34.74  34.71     34.10
Regular Milled Rice
 Wholesale Price     29.40  29.22  29.34  29.38  29.26  29.25  29.22     27.84
==============================================================================
                      Nov.   Oct.  Sept.   Aug.   July   June    May      Year
                      2011   2011   2011   2011   2011   2011   2011       Ago
==============================================================================
                     ----------------- Avg. Price/Kg. in PHP -----------------
 Retail Price        31.39  31.37  31.42  31.45  31.34  31.31  31.32     30.53
Yellow Corngrain  
 Farm Gate Price     12.69  11.65  10.74  10.89  11.32  11.55  11.66     11.27
 Wholesale Price     16.17  15.44  14.69  14.52  14.59  14.66  14.56     14.47
 Retail Price        21.05  20.17  19.84  19.80  19.73  18.84  18.78     18.75
White Corngrain   
 Farm Gate Price     14.58  13.67  13.03  13.31  14.78  14.56  14.70     10.77
 Wholesale Price     17.16  16.79  16.27  16.39  17.10  16.43  16.76     14.21
 Retail Price        19.48  19.53  19.80  19.80  19.16  18.44  18.12     17.85
==============================================================================
Note 1: Latest figures are preliminary. 
Note 2: Previous figures are taken from prior press releases
        and may be revised.

Source: Bureau of Agricultural Statistics

To contact the reporter on this story: Michael J. Munoz in Hong Kong at mjmunoz@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.