PSA to conduct Farm Price Survey for 2020

Reference Number: 

2020-002

Release Date: 

Tuesday, January 14, 2020

Farm Price Survey (FPS) is one of the regular monthly activities of the Philippine Statistics Authority. The survey aims to gather reliable data on farmgate prices on major agricultural commodities. Similarly, the survey intends to develop sets of price indices and measures the purchasing power of growers of selected agricultural products. It also serves as inputs in analyzing the seasonal trends and variations in agricultural prices to inform policies and programs for the development of the agriculture sector.

Collection of data is done monthly during the last 10 days of the month. At least five (5) farmers who traded the commodity will be selected and interviewed in each of the sampled municipality. It gathers price information for the last transaction of the sample farmer happening within the survey month.

All information collected by the hired Statistical Researchers from sample farmers shall be kept strictly confidential and shall not be used for purposes of taxation, investigation or regulation as provided under Article 55 of RA 10625.

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