Philippine hog output rises as lower prices reshape sector value

Philippine hog production expanded during the first nine months of 2026, as output rose despite lower farmgate prices that weighed on industry revenues.

Data from the Philippine Statistics Authority (PSA) showed hog production reached 1.258 million tons from January to September 2026, up 4.6% from 1.203 million tons in the same period last year. The increase underscored the continued recovery of the country’s largest livestock segment and provided the main support for overall livestock growth.

Recovery lifts livestock output

The livestock sector produced 522,940 tons in Q3, up 1.6% from 514,480 tons a year earlier. Hog production reached 416,830 tons, accounting for 79.7% of total livestock output during the quarter.

Q3 hog production increased 1.9% from 408,940 tons a year earlier. According to the PSA, hogs contributed 1.5 percentage points to overall livestock growth, helping offset declines in cattle, carabao, and goat production.

At constant 2018 prices, livestock production was valued at USD 971 million (USD 1:PHP 63) during Q3. Hog output alone accounted for USD 802 million of that total.

Prices pressure industry value

Despite higher output, weaker prices reduced the industry’s value at current prices. The average farmgate price of hogs fell to USD 2.46/kg in Q3 from USD 3.04/kg a year earlier, a decline of 19.0%.

As a result, at current prices, the value of hog production in Q3 17.5% year-on-year to USD 1.03 billion, compared with USD 1.24 billion in the same period of 2025.

During the first nine months of 2026, the current-price value of hog production totaled USD 3.35 billion, down 14.0% from USD 3.90 billion in the same period a year earlier.

Output gains remain evident

At constant 2018 prices, which remove the effects of price movements, hog production was valued at USD 2.39 billion during the January-to-September period. That represented a 4.6% increase from USD 2.29 billion a year earlier and reflected the improvement in production volume.

The latest figures highlight the uneven nature of the sector’s recovery. While hog output continued to expand through the first nine months of 2026, lower farmgate prices limited the industry’s market value, underscoring the challenge of translating production gains into stronger returns for producers.